Richemont Group To Profit From Watches Export Data

21 july 2005

Richemont To Profit From Watch Export Data

Richemont (CFR.VX) is seen profiting from release of Thu's Swiss watch export data for June, showing a 20% increase in demand for gold watches, a luxury segment to which Richemont has a large exposure, says Julius Baer Swiss equities sales team. Richemont +0.2% at CHF45.25. (SWZ)

Article Published by: www.newratings.com on the 21st July 2005