© Reuters. FILE PHOTO: Jewellery is displayed at a Cartier store on Place Vendome in Paris, France, July 2, 2019. REUTERS/Regis Duvignau/File Photo/File Photo
ZURICH (Reuters) – Richemont reported a 8% rise in quarterly sales on Wednesday as the world’s second biggest luxury group compensated for a weaker Chinese market with growth in other parts of Asia and Europe.
The maker of Cartier jewellery and IWC watches said its sales rose to 5.4 billion euros ($5.82 billion) in the three months to the end of December, up from 4.98 billion euros a year earlier.
($1 = 0.9276 euros)
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