Edition:
India

Richemont CFO says focus on managing sell-in will remain in H2


Friday, 9 Nov 2018 

Nov 9 (Reuters) - Compagnie Financiere Richemont SA ::CFO SAYS HAD DOUBLE-DIGIT GROWTH AT YNAP IN H1 AND THAT IS GOOD INDICATOR OF WHAT TO EXPECT IN THE FUTURE.CFO SAYS NOT HUNTING FOR ACQUISITIONS AT THE MOMENT, HAS A LOT ON ITS PLATE WITH INTEGRATION OF YNAP AND WATCHFINDER.CFO SAYS FOCUS ON MANAGING SELL-IN AS COMPARED TO SELL-OUT WILL REMAIN IN H2.CFO SAYS INVENTORY INCREASE WAS PLANNED, EXPECTS INVENTORY TO GO DOWN IN H2.