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    <description>Read the latest news and views from Switzerland in English</description>
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        <item>
        <title>
            Swatch reports higher profits in first half
        </title>
        <description>
            Swiss watchmaker Swatch says that its profits rose in the first six months, but its performance was dampened by the strength of the Swiss franc.
        </description>
        <link>
            https://www.thelocal.ch/20170721/swatch-reports-higher-profits-in-first-half
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        <pubDate>Fri, 21 Jul 2017 11:12:24 +0200</pubDate>
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        <title>
            Richemont sales dip as luxury spending slumps
        </title>
        <description>
            Geneva-based Richemont, the world&#039;s second-biggest luxury goods group, on Thursday posted slumping quarterly sales, as luxury spending in Europe followed Asia in a downward spiral.
        </description>
        <link>
            https://www.thelocal.ch/20160114/richemont-sales-dip-as-luxury-spending-slumps
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        <pubDate>Thu, 14 Jan 2016 15:29:20 +0100</pubDate>
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        <title>
            Weak euro boosts Richemont profit figures
        </title>
        <description>
            Richemont, the world&#039;s second-biggest luxury
goods company, on Friday reported strong profits but acknowledged that a currency windfall caused most of the rise.
        </description>
        <link>
            https://www.thelocal.ch/20151106/weak-euro-boosts-richemont-profit-figures
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        <pubDate>Fri, 06 Nov 2015 14:41:40 +0100</pubDate>
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        <title>
            Richemont confirms financial losses cut profit
        </title>
        <description>
            Geneva-based Richemont, the world&#039;s second largest luxury goods group, confirmed on Friday that its annual net profit fell by more than a third due to losses on financial instruments.
        </description>
        <link>
            https://www.thelocal.ch/20150522/richemont-confirms-financial-losses-cut-profit
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        <pubDate>Fri, 22 May 2015 13:10:54 +0200</pubDate>
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        <title>
            Richemont warns of lower 2014-15 profits
        </title>
        <description>
            Geneva-based Richemont, the world&#039;s number two maker of luxury goods, said Wednesday it expected its annual profit to fall by more
than a third due to losses on financial instruments.
        </description>
        <link>
            https://www.thelocal.ch/20150422/richemont-warns-of-lower-2014-15-profits
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        <pubDate>Wed, 22 Apr 2015 13:25:32 +0200</pubDate>
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        <title>
            Luxury Swiss pen uses tsunami &#039;miracle&#039; wood
        </title>
        <description>
            Swiss-owned luxury brand Montblanc is to sell fountain pens made from a &quot;miracle pine&quot; tree that survived the 2011 tsunami, for a hefty $4,400, an official said, with 20 percent of takings donated to local people.
        </description>
        <link>
            https://www.thelocal.ch/20150226/luxury-swiss-pen-uses-tsunami-miracle-wood
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        <pubDate>Thu, 26 Feb 2015 11:32:07 +0100</pubDate>
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        <title>
            Richemont shares pummelled as franc rises
        </title>
        <description>
            Geneva-based Richemont, the world&#039;s second largest luxury group, says its global sales inched higher in the third quarter despite plunging demand in its key Asian market but investors punished the company&#039;s share price on Thursday over worries about the surge in the Swiss franc.
        </description>
        <link>
            https://www.thelocal.ch/20150115/richemont-shares-pummelled-as-swiss-franc-surges
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        <pubDate>Thu, 15 Jan 2015 15:02:00 +0100</pubDate>
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        <title>
            Richemont shares drop on sluggish sales figures
        </title>
        <description>
            Shares in Geneva-based Richemont, number two in the luxury products world after LVMH, fell on Wednesday after the group reported falling sales in Asia. 
        </description>
        <link>
            https://www.thelocal.ch/20140917/richemont-shares-fall-on-sluggish-sales-figures
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        <pubDate>Wed, 17 Sep 2014 13:17:34 +0200</pubDate>
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            Richemont plans Swiss boutique expansion
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        <description>
            Geneva-based luxury giant Richemont on Thursday said its net profit rose by three percent in 2013-2014 over the previous financial year on higher sales, despite the impact of exchange rates.
        </description>
        <link>
            https://www.thelocal.ch/20140515/richemont-plans-swiss-boutique-expansion
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        <pubDate>Thu, 15 May 2014 21:41:00 +0200</pubDate>
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        <title>
            Geneva model walks two ways on Paris catwalks
        </title>
        <description>
            In a quiet Paris street, model Tamy Glauser, with a shaven head since chopping off her &quot;pretty&quot; long locks six years ago, offers an impromptu demonstration of two very different catwalk techniques.
        </description>
        <link>
            https://www.thelocal.ch/20130621/geneva-model-walks-two-ways-on-paris-catwalks
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        <pubDate>Fri, 21 Jun 2013 11:22:55 +0200</pubDate>
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        <title>
            Hollywood stars model watches in Geneva
        </title>
        <description>
            Hollywood actors Kevin Spacey, Ewan McGregor and Matthew Fox were among the lineup of stars for a Tuesday night soiree in Geneva for IWC, the Schaffhausen watchmaker.
        </description>
        <link>
            https://www.thelocal.ch/20130123/hollywood-stars-sport-swiss-watches-in-geneva
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        <pubDate>Thu, 24 Jan 2013 00:16:00 +0100</pubDate>
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        <title>
            Richemont joins up with Chinese luxury chain
        </title>
        <description>
            Geneva-based luxury goods group Richemont and the world&#039;s largest jewellery chain, Chinese Chow Tai Fook, have agreed to create
a joint venture, Le Temps newspaper is reporting.
        </description>
        <link>
            https://www.thelocal.ch/20130120/richemont-joins-up-with-chinese-luxury-chain
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        <pubDate>Sun, 20 Jan 2013 18:16:00 +0100</pubDate>
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        <title>
            Currency effect lifts Richemont profits
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        <description>
            The Swiss luxury goods group Richemont, which owns brands such as Cartier and Jaeger-LeCoultre, reports that first-quarter net profit jumped by 52 percent to 1.087 billion euros, in line with expectations.
        </description>
        <link>
            https://www.thelocal.ch/20121109/currency-effect-lifts-richemont-profits
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        <pubDate>Fri, 09 Nov 2012 14:31:00 +0100</pubDate>
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