Nuance beats numbers in these jittery markets. Just ask the shell-shocked shareholders in Swiss luxury group Richemont.
The group’s year-to-end-March numbers were glittering and its balance sheet could withstand a hit from a tank. But off-the-cuff comments by chair Johann Rupert about a possible delay in the recovery in locked-down China really spooked sentiment. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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