A pedestrian walks past a Cartier store, operated by Richemont, as it stands illuminated at night in Shanghai, China. Picture: BLOOMBERG
A pedestrian walks past a Cartier store, operated by Richemont, as it stands illuminated at night in Shanghai, China. Picture: BLOOMBERG

Nesan Nair from Sasfin Securities chose Richemont as his stock pick of the day.

“Richemont has been beaten down quite a lot but they have a fantastic selection of brands and they’re a good barometer of the global economy,” he says.

Nesan Nair from Sasfin Securities talks to Business Day TV about Richemont, his stock pick of the day