By  on January 16, 2014

LONDON — The Christmas season wasn’t particularly jolly for Compagnie Financière Richemont, parent of brands including Cartier, Van Cleef & Arpels, IWC and Dunhill, as exchange rates hampered third-quarter sales.

In the three months to Dec. 31, sales rose 2.8 percent to 2.94 billion euros, or $4 billion, with the company notching strong demand from the Americas and Japan, and lower sales in Mainland China and sluggish wholesale growth.

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