Richemont Q1 Sales Up 1% Despite 19% Asia Decline

  • Sales Performance: Richemont’s sales grew 1% at constant exchange rates but fell 1% at actual exchange rates.
  • Regional Sales: Europe, the Americas, and Japan showed growth, while Asia Pacific experienced a significant decline.
  • Channel Performance: Retail and online sales increased slightly, but wholesale and royalty income dropped by 6%.

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