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Cartier proprietor Richemont reports 1% dip in Q3 sales


ZURICH (Reuters) – Cartier jewelry proprietor Richemont reported on Friday a 1% dip in sales throughout the 3 months throughout of September, the current deluxe business to report harder problems as China compromised.

The business, which likewise possesses a string of Swiss watch manufacturers consisting of IWC, Jaeger- LeCoultre and Piaget, claimed sales dropped 1% at consistent currency exchange rate to 4.81 billion euros ($ 5.19 billion), a little in advance of expert projections for 4.78 billion euros in an agreement mentioned by HSBC.

($ 1 = 0.9275 euros)

(Reporting by John Revill, Editing by Friederike Heine)



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