Falling sales in Asia and fewer tourists in Europe are likely to weigh on Cie. Financière Richemont’s earnings, with analysts expecting a steep drop in five-month revenue that could also reflect deeper problems for the Swiss watch industry. Sales at the Geneva-based owner of Cartier, Montblanc, and Vacheron Constantin, which will be released on Wednesday morning, are seen falling about 12% for the five months ending in August...
Source: Wall Street Journal September 10, 2016 09:30 UTC