News briefs
July 18, 2022
Delvaux was acquired by Richemont in summer 2021. Image credit: Richemont
By Luxury Daily News Service
Luxury Daily’s live news for July 15:
Richemont posts double-digit growth led by US sales
Luxury conglomerate Richemont has reported its net cash position for the quarter ending June 30, 2022 was $5.4 billion, a 20 percent increase compared to the same period in 2021.
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