By  on January 14, 2016

PARIS — Declining tourism in Europe and withering demand for watches in Asia-Pacific contributed to a 3 percent dip in third-quarter sales at Richemont.

Revenues in the three months ended Dec. 31 totaled 2.93 billion, or $3.21 billion at average exchange rates, representing a 4 percent decline stripping out the impact of currency.

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