Cartier Owner Richemont Sales up 7% as Jewellery Shines

Richemont sales boosted by fine jewelry

Challenges at the company’s watchmaker division offset gains elsewhere and resulted in an overall 4% revenue increase for fiscal 2025.

Cartier owner Richemont posts sales beat as jewelry shines amid luxury malaise

Cartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales as the wealthiest spenders continued to shrug off global macroeconomic uncertainty.

Cartier owner Richemont sales up 7% as jewellery shines

Cartier owner Richemont has today reported a slightly better-than-expected 7% rise in quarterly sales as brisk luxury jewellery business in the US partly offset weaker demand for watches in Asia.

Richemont Sales Rise Amid Resilient Demand for Cartier Jewelry

Richemont SA posted a rise in full-year sales as the continued popularity of its Cartier brand allowed the Swiss group to be more resilient than rivals like LVMH in a softening luxury-goods market.

Richemont, owner of the Cartier brand, recorded sales higher than expected during its fourth fiscal quarter, in a sample that its rich customers are not afraid of global macroeconomic uncertainty. Revenues increased 7% year-on-year at constant exchange rates, to reach 5,170 million euros (5,790 million dollars) in the period ending in March, above the 4,980 million euros predicted by analysts. In the full year, sales increased 4% to 21,400 milli…

Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown – RetailWit

Cartier owner Richemont on Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.