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Richemont reports a 25 percent surge in China revenue in Q3

Richemont, the luxury conglomerate behind Cartier, reports a 4 percent sales uplift to 5.59 billion euros ($6.32 billion), fueled by a notable 25 percent revenue surge in China. Cartier's stellar performance, with a 12 percent rise in jewelry revenue, contrasted with a modest 3 percent growth in watches, contributes significantly to the group's 13 percent sales increase in the Asia-Pacific region.

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