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BREAKING NEWS

Richemont earnings beat all forecasts

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Richemont earnings beat all forecasts

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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.