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Luxury Goods

Richemont sees sales surge but performance hampered by YNAP loss

The retailer also continued its sustainability drive by reducing its energy usage in boutiques and offices across Europe by 10%

Luxury jewellery retailer Richemont has reported strong sales and profit increase for the first half of the year but the performance was overshadowed by the impact of its disposal of Yoox-net-a-Porter (YNAP)

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