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Montblanc Legrande Black Ballpoint Pen 161
Richemont distanced itself yesterday from the surging confidence in the luxury goods sector, as the maker of Cartier jewellery and Montblanc pens warned of continuing uncertainties in most markets outside Asia.
The restraint from Geneva-based Richemont, the second biggest luxury goods group after France's LVMH, contrasts with a markedly more upbeat mood in the industry as manufacturers emerge from one of the most testing periods in memory.
He added that Richemont was well placed to "seize opportunities".
Richemont distanced itself yesterday from the surging confidence in the luxury goods sector, as the maker of Cartier jewellery and Montblanc pens warned of continuing uncertainties in most markets outside Asia.
The restraint from Geneva-based Richemont, the second biggest luxury goods group after France's LVMH, contrasts with a markedly more upbeat mood in the industry as manufacturers emerge from one of the most testing periods in memory.
He added that Richemont was well placed to "seize opportunities".
