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Live News EQUITY FLASH L impact

Richemont Shares Drop After Cartier-Parent's Sales Growth Loses Some Shine

By Andrea FiguerasRichemont shares slid after the Swiss group reported a deceleration in sales growth for its most recent quarter at a time when the luxury sector continues to grapple with feeble demand.The owner of jewelers Cartier and Van Cleef & Arpels said Friday that sales for its fiscal secon…

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