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Compagnie Financiere Richemont SA (CFR.S)

CFR.S on Virt-X Level 1

66.98CHF
16 Nov 2018
Change (% chg)

CHF0.50 (+0.75%)
Prev Close
CHF66.48
Open
CHF67.28
Day's High
CHF67.96
Day's Low
CHF66.78
Volume
2,634,775
Avg. Vol
1,855,316
52-wk High
CHF99.02
52-wk Low
CHF65.74

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Fri, Nov 9 2018

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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.

UPDATE 2-Richemont, Alibaba join forces in China's online luxury market

* Comes as Alibaba seeks inroads in luxury industry (Writes through with China context, adds quotes)

Richemont, Alibaba join forces on retail platform for China

ZURICH, Oct 26 Swiss luxury group Compagnie Financiere Richemont SA and Chinese group Alibaba are joining forces to target the Chinese retail market, Richemont said on Friday.

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