By  on September 10, 2019

LONDON — Eric Vallat is leaving as head of Richemont’s fashion and accessories division a little over a year after taking up the job, and in an ever-more challenging market.

Vallat’s departure signals a further setback for the division, which recorded broadly flat sales of 493 million euros in the April-to-June period, and which has long lived in the shadow of Richemont’s far larger watches and jewelry businesses.

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