Editor
Richemont sounded a cautious note about demand for its jewellery and Swiss watches during an era of rising inflation and spiralling living costs after the Swiss luxury group on Friday posted a rare loss during the first half of its financial year.
The owner of Cartier jewellery and IWC watches reported a shareholders’ net loss of €760 million ($776.72 million) after taking a €2.7 billion non-cash charge related to its part exit from…
