Richemont gloomy about economic prospects for next three years
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ZURICH (Reuters) - Cartier maker Richemont reported a 67% fall in annual profit on Friday and said the impact of the coronavirus could last up to three years despite signs of recovery in China.Richemont, which also makes Piaget, IWC and Vacheron Constantin watches, said its results this year would be weighed down by the epidemic, with shops closed down and consumer sentiment subdued.Chairman Johann Rupert said other countries would probably find it difficult to follow China, the first country..