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Cartier relies on Asia and online sales to drive growth

Luxury maison sees 'no problem of competition' from Tiffany sale to rival LVMH

Cartier CEO Cyrille Vigneron says consumers stuck at home are investing their would-be travel budget in jewelry.

TOKYO -- Cyrille Vigneron says he has not lost any sleep over Cartier's market share because his luxury group is on a roll in China, where it has followed customers into the digital realm.

The CEO of Cartier, the crown jewel in Compagnie Financiere Richemont's stable of super-luxe brands, has rested easy despite a pandemic that has depressed global demand for luxury goods and the sale of American jewelry purveyor Tiffany & Co. to LVMH, Richemont's rival.

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