By  on January 11, 2018

LONDON — Double-digit growth in retail sales and a strong performance from Cartier and other jewelry houses helped Compagnie Financière Richemont outstrip analysts’ expectations with a 7 percent rise in third-quarter sales to 3.12 billion euros at constant exchange.

At actual rates, sales were up 1 percent, while retail sales rose 7 percent in the crucial pre-Christmas trading period. During the three months, Richemont also put an increased focus on its own-store network and has been keeping an ever-tighter rein on distribution.

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