News Formal

Luxury Group Richemont Reports Weaker Than Expected Earnings

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 15 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 61%

Business Berita

Luxury group Richemont has today reported weaker than expected earnings as the owner of Cartier jewellery brand said the rising cost of living, economic headwinds and geopolitical tensions were weighing on customers' spending.

Luxury group Richemont has today reported weaker than expected earnings as the owner of Cartier jewellery brand said the rising cost of living, economic headwinds and geopolitical tensions were weighing on customers' spending.

Richemont's constant currency sales growth eased from a 19% rate in the April to June period to a 5% rate in the following three months. Over the months from April to September, Richemont's results showed contrasting fortunes for its watches and jewellery businesses.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 16. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Group established to increase use of timber in construction amid industry concernGovernment has previously been asked to fast-track increased use of timber in construction and measurement of embodied carbon in buildings
Sumber: businessposthq - 🏆 8. / 71 Baca lebih lajut »