Switzerland: Richemont and Swatch down after watch exports

[vc_row njt-role-user-roles=”administrator,armember”][vc_column][vc_column_text] Swatch and Richemont shares were down on Thursday morning on the Swiss Stock Exchange, following the publication of watch exports for the month of August by the Federal Customs Administration

Tiffany to sue LVMH, according to the Financial Times

[vc_row njt-role-user-roles=”administrator,armember”][vc_column][vc_column_text] Tiffany will sue LVMH because of the postponement of the planned acquisition of the American jeweler by the French luxury goods giant, the Financial Times reported Wednesday.