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Cartier and Van Cleef help Richemont defy luxury slump

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Cartier and Van Cleef help Richemont defy luxury slump

Richemont reported stronger-than-expected profits, helped by continued growth at Cartier and Van Cleef and Arpels. Its specialist watchmakers also showed signs of recovery, offering the Swiss luxury group some resilience as the wider luxury market slows.

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