Richemont reported resilient performance for H1, with sales reaching €10.1 billion (~$10.89 billion), a 1 per cent decline at actual exchange rates but stable at constant rates.
Operating profit dropped 17 per cent to €2.2 billion, impacted by foreign exchange issues and reduced activity in Asia Pacific, particularly China.
Direct-to-client sales comprised 76 per cent of total sales.
Operating profit dropped 17 per cent to €2.2 billion, impacted by foreign exchange issues and reduced activity in Asia Pacific, particularly China.
Direct-to-client sales comprised 76 per cent of total sales.
