Montblanc is a German manufacturing company of luxury goods, based in Hamburg.
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Demand for luxury watches is also falling after producers raised prices during a pandemic-era boom. With about 70 per cent of revenue coming from its branded jewelry division, Richemont shares have ...
Profits were more than halved for watchmakers to €160 million for the period to September 30. American sales were up across watches and jewellery by 10% and Japan grew by 32% at actual exchange rates.
Demand for luxury watches is also falling after producers raised prices during a pandemic-era boom. With about 70% of revenue coming from its branded jewelry division, Richemont shares have ...