Luxury
Cartier Parent Richemont’s Earnings Set to Lose Sparkle
Falling sales in Asia and fewer tourists in Europe are likely to weigh on Cie. Financière Richemont’s earnings, with analysts expecting a steep drop in five-month revenue that could also reflect deeper problems for the Swiss watch industry. Sales at the Geneva-based owner of Cartier, Montblanc, and Vacheron Constantin, which…
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Click here to read the full story: The Wall Street journal