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Industry News – Richemont Reports 14% Sales Growth For First Quarter 2023, Driven Mainly By Jewellery

Following 2022 with impressive growth for the industry (a record year for exports) and most luxury groups involved in watchmaking and jewellery (LVMH, Swatch), indicators and analysts were not so confident regarding the outlook for 2023. Growing inflation, geo-political tensions and a potential economic contraction led to the idea of seeing less prolific sales. However, […]

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