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United Kingdom

Compagnie Financiere Richemont SA (CFR.S)

CFR.S on Virt-X Level 1

70.60CHF
22 Mar 2019
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Fri, Jan 11 2019

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French protests weigh on Richemont sales as China holds up

PARIS Cartier owner Richemont said "yellow vest" protests in France weighed on its sales at the end of 2018, but signalled healthy momentum within China that could bode well for some luxury goods rivals.

UPDATE 2-French protests weigh on Richemont sales as China holds up

* First big luxury group to report end of year sales (Adds analyst comments, shares)

Commodities stocks drag Europe down as Thyssenkrupp, Richemont earnings disappoint

LONDON European shares slipped on Friday as mining and oil stocks sold off and weak results from Thyssenkrupp and Richemont weighed on sentiment.

Commodities stocks drag Europe down as Thyssenkrupp, Richemont earnings disappoint

LONDON European shares slipped on Friday as mining and oil stocks sold off and weak results from Thyssenkrupp and Richemont weighed on sentiment.

UPDATE 2-Commodities stocks drag Europe down as Thyssenkrupp, Richemont earnings disappoint

* Luxury stocks suffer from weak Richemont results (Updates prices, adds details)

UPDATE 2-Richemont flags slow progress in watch sales

* Sales slowed in September, but October back to H1 level -CFO

BRIEF-Richemont CFO says focus on managing sell-in will remain in H2

* CFO SAYS HAD DOUBLE-DIGIT GROWTH AT YNAP IN H1 AND THAT IS GOOD INDICATOR OF WHAT TO EXPECT IN THE FUTURE

BRIEF-Richemont says October sales back on H1 level after dip in September

* CFO SAYS TRADING IN ASIA PACIFIC WEAKER IN SEPTEMBER THAN IN PREVIOUS MONTHS DUE TO VARIOUS FACTORS, INCLUDING WEATHER AFFECTING REGIONAL TOURISM

Richemont highlights volatile consumer demand as net profit falls

ZURICH, Nov 9 Luxury goods group Richemont said economic and geopolitical uncertainties were weighing on customer sentiment after net profit fell, excluding a one-off gain, in the six months to Sept. 30 and sales growth slowed towards the end of the period.

Richemont, Alibaba join forces in China's online luxury market

ZURICH Cartier-owner Richemont is teaming up with Alibaba to try to crack China's online shopping market, potentially a major growth driver for luxury firms but which has proven difficult to tackle for outsiders going it alone.

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