September 11, 2019 / 8:25 AM / 3 months ago

BRIEF-Richemont Sees Alibaba JV Operational At End Of September

Sept 11 (Reuters) - CFR chairman at AGM:

* BREXIT, GEOPOLITICAL TENSIONS HAVE POTENTIAL TO SIGNIFICANTLY HARM OUR INDUSTRY

* WATCH BRANDS NOW IN BETTER POSITION THAN MANY COMPETITORS THANKS TO STOCK BUYBACKS

* EXPECTS JOINT VENTURE WITH ALIBABA TO BECOME OPERATIONAL AT END OF THIS MONTH

* GROUP'S STRONG BALANCE SHEET AND STAFF WILL HELP "TO SEE US THROUGH THESE UNEASY TIMES AND ACHIEVE OUR LONG-TERM AMBITIONS" Further company coverage: (Berlin Speed Desk)

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