Richemont shares slump to 52-week low on slower-than-expected sales, China impact

Cartier shop in place Vendome in Paris

AlexKozlov/iStock Editorial via Getty Images

Compagnie Financière Richemont SA (OTCPK:CFRHF) shares fell by the largest margin in years after a bearish earnings report on Friday.

The Bellevue, Switzerland-based Cartier parent cautioned that Chinese demand remains slow as lockdowns continue to

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