Richemont remains “cautious” with cash in light of Covid-19

// Richemont said it has to be cautious with its cash in light of the ongoing pandemic
// The group said last month that the crisis had severely disrupted its businessCartier owner Richemont has said it must manage its cash even more carefully this year in light of the Covid-19 pandemic.
Richemont chairman Johann Rupert said the crisis affected the group’s cash flow, which is why it had to slash its dividend proposal.
The Swiss luxury group said last month that the Covid-19 pandemic h