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Nov. 23, 2024
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Retail

Richemont quarterly sales down 47pc over pandemic shutdowns, but ecommerce growth is strong

July 17, 2020

Richemont-owned Cartier recently launched its Surnaturel high jewelry collection Richemont-owned Cartier recently launched its Surnaturel high jewelry collection

 

By Luxury Daily News Service

As expected with the COVID-19 fallout, Cartier parent Richemont reported sales for the Swiss conglomerate’s fiscal first-quarter were down 47 percent compared to the year-ago period.

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  1. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  2. Ferrari, Chivas Regal forge multiyear partnership
  3. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  4. The Ritz Carlton, Missoni launch beach club in Bali
  5. Dior goes for gold with flashy J'adore campaign
  6. Bentley renovates countryside estate in Cheshire
  7. ‘Copy Nothing’ campaign defines next era at Jaguar
  8. Ginori 1735, St. Regis Hotels partner to scale branded cafe concept
  9. How Raoul Shah, a peripatetic agency exec, collected 500-plus “Do Not Disturb” door signs and begat a tome
  10. Announcing Luxury Daily Awards 2020
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