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Richemont sales jump by a third in Christmas quarter

ZURICH (Reuters) – Cartier maker Richemont said on Wednesday strong demand for its jewellery and watches in the Americas and Europe helped constant currency sales rise 32% in the quarter to Dec. 31.

Sales rose to 5.658 billion euros ($6.41 billion) in the company’s third quarter – up 38% versus the 2019 Christmas quarter before the pandemic hit – the luxury goods group said in a statement.

($1 = 0.8828 euros)

Source: /Reuters

© Reuters. FILE PHOTO: High-end jewellery is displayed at a Cartier store on Place Vendome in Paris, France, July 2, 2019. REUTERS/Regis Duvignau/File Photo

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