• Busa, BBC split unpacked

    Who will lose and who stands to gain as the business bodies cut ties, asks Solly Moeng.

  • Noakes soap opera

    How many millions more will be sunk into a seemingly pointless vendetta, asks Mandi Smallhorne.

  • Downgrade scenarios

    An analyst takes a look at how credit downgrades have affected countries around the world.

All data is delayed
Loading...
See More

Richemont shares fall over 6%

Jan 21 2013 11:12
Reuters
Rand notes

(Picture: Shutterstock )

Company Data

COMPAGNIE FINANCIERE RICHEMONT SA [JSE:CFR]

Last traded 108
Change 0
% Change 0
Cumulative volume 1654578
Market cap 0

Last Updated: 25/05/2017 at 05:06. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Richemont sales growth slows

Richemont drives JSE to new record

Richemont down as Swiss exports drop

Richemont acquires VVSA

Richemont in JV with China jewellery giant

Richemont to acquire Peter Millar

 

Johannesburg - Shares of Richemont [JSE:CFR] fell more than 6% after the luxury goods retailer reported disappointing third-quarter sales figures and said the near-term outlook for its Asia-Pacific business was unclear.

Sales in the three months to the end December failed to meet expectations, rising 5% at constant exchange rates and 9% at actual rates.

Richemont shares were trading 6.7% lower at R70.35, compared with a 0.7% fall in the JSE Top 40 - (Tradeable) [JSE:J200] blue-chip index.      

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

richemont

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Almost all working South Africans fear losing their jobs

Previous results · Suggest a vote

Loading...