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Jewellery outpaces watch sales growth as Richemont enjoys a successful Christmas
Richemont’s Specialist Watchmakers increased sales by 3% in the crucial October to December trading period, with its internal boutiques for A. Lange & Söhne, IWC, Jaeger-LeCoultre and Vacheron Constantin growing fast enough to offset a double-digit decline in wholesale sales. In a mixed picture, Richemont’s global scale and diversity protected it from a 3% fall […]