Richemont published a softer H123 performance. The slight sign of improvement in the Americas was shadowed by a deceleration in Asia and a in Europe during the second quarter. The encouraging margin progression for the Jewellery business was largely offset by unfavourable FX movements and higher costs. Although the uncertain macro-environment and higher comparatives is likely to continue to result in soft global consumer sentiment, the group will continue to be protected by the unwavering des ....