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Swiss firm Richemont’s sales at .77 mn in Q1 FY25

Swiss firm Richemont’s sales at $5.77 mn in Q1 FY25

Richemont, a Switzerland-based global luxury goods conglomerate, has reported a 1 per cent increase in sales at constant exchange rates for the first quarter of fiscal 2025 (Q1 FY25), ending June 30, 2024. This modest growth, reaching €5.3 billion (approximately $5.77 million), follows a significant 19 per cent rise in the same period last year....