Richemont normalizes, but remains optimistic; Ralph Lauren thanks prices

Richemont normalizes, but remains optimistic; Ralph Lauren thanks prices

The normalization of the trend of the luxury industry has hit Richemont as well. +19%on the April-June period and +5% from July to September. Growth has slowed and the stock price is down. But president Johann Rupert, who is usually prudent when commenting results, reassures everyone. “I am optimistic with regards to the medium-term. I…

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