Swiss luxury group Richemont blamed a weaker economic backdrop and geopolitical tensions as the owner of the Cartier jewellery brand reported weaker than expected first-half profits.
The company, which is also behind the Van Cleef & Arpels brand, said on Friday that sales climbed 6 per cent to €10.2bn in the six months to the end of September, below the €10.34bn forecast by analysts.
Profits in the first half, meanwhile, were €1.51bn, short of the €2.17bn forecast.
您已阅读40%（468字），剩余60%（707字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。