Luxury group Richemont posts H1 2022-23 loss of US$786m
Loss is basically due to the sale of one of its online platforms.
Luxury looks homeward as Covid curtails travel
LVMH -- home to Louis Vuitton, Moet, Fendi, and Kenzo brands among others -- saw first-half sales climb by 11 percent above their pre-pandemic level to 34.1 billion