Richemont was hit by the yellow vests protests in Q3. Comparable sales growth slowed to 5% at CER. Sales in mainland China were up by a double-digit rate, while sales slowed in Hong Kong. Nine months sales were up 7% lfl and 23% reported.
11 Jan 2019
Yellow vests cooled growth in Q3
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Yellow vests cooled growth in Q3
Compagnie Financiere Richemont SA (RITN:ETR) | 0 0 0.7% | Mkt Cap: 44,518m
- Published:
11 Jan 2019 -
Author:
Rim BEN SALAH - Pages:
Richemont was hit by the yellow vests protests in Q3. Comparable sales growth slowed to 5% at CER. Sales in mainland China were up by a double-digit rate, while sales slowed in Hong Kong. Nine months sales were up 7% lfl and 23% reported.