Richemont remains cautious on raising jewellery prices despite high gold prices
PARIS, Nov 8 (Reuters) -Cartier owner RichemontCFR.S plans to stick to its cautious approach to raising prices of jewellery despite the soaring price of gold in recent months, and has no plans yet for price increases in the upcoming months, executives said on Friday.
"It is too early to talk about price increases for the second half of the year," Richemont chief financial officer Burkhart Grund told analysts.
Reporting by Mimosa Spencer and John Revill
Editing by Tomasz Janowski
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