By  on May 14, 2009

LONDON — Johann Rupert is struggling to see the light at the end of the economic tunnel.

The executive chairman of Compagnie Financière Richemont SA, parent of such brands as Cartier, IWC, Chloé, Montblanc and Dunhill, said Thursday that sales in April, the first month of the new fiscal year, were down 19 percent due to strong comparative figures and the state of the world economy.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus