India, Jan. 20 -- Shares of Compagnie Financiere Richemont AG were gaining around 2 percent in Swiss trading after the luxury goods group reported that its third-quarter total sales rose about 1 percent on a reported basis and 5 percent at constant exchange rates, despite a continuously volatile environment.

In its trading statement, the company said its third-quarter sales reached 4.19 billion euros, higher than 4.16 billion euros in the prior year.

Richemont generated double digit growth in sales in Asia Pacific and the Middle East and Africa, which more than offset single digit declines in the Americas and Japan and a marked contraction in Europe.

In Asia Pacific, sales were 1.73 billion euros, up 21 percent on a reported basis and ...