Shoppers walking past a Cartier store at the high-end shopping district of Ginza in Tokyo, Japan. A currency-fueled spending splurge in the key Japanese luxury market has finally abated, weighing on sales at Cartier-owner Richemont. However, a recent strengthening of the yen in the first half of 2025 has put paid to those trends. It follows a 59% jump in revenues in the same quarter last year, as a weaker yen sparked a surge in international tourism and luxury spend. Shares were up 0.6% by 8:35 a.m. London ...