Richemont Q3 Revenue Soars 24%

Luxury goods conglomerate Cie. Financiere Richemont SA said Monday that third quarter revenue increased 24 percent year-over-year to 2.62 billion euros ($3.32 billion) with all regions and nearly all of its brands reporting double-digit increases. Revenue for the month of December alone rose 21 percent, compared with the same period of the prior year.

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