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Compagnie Financière Richemont SA (0QMU.IL)

IOB - IOB Delayed Price. Currency in CHF

122.55

-5.85

(-4.56%)

As of 12:26PM GMT. Market open.

All

The Wall Street Journal
Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.
The Wall Street Journal
Heard on the Street: Luxury Customers Get Less Bag for Their Buck
Shoppers aren’t imagining it: Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more deep-seated problem than some brands will admit. Dig ...