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Richemont earnings beat all forecasts


Richemont earnings beat all forecasts


Signs the rich are spending again comes from Richemont group, the name behind Cartier watches and Chloe handbags. Christmas sales beat all forecasts, with Asia-Pacific figures hitting record levels. Shares in the world’s second-largest luxury goods group rose 71 percent last year, and the news helped them gain another two percent.

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