Richemont: Record Q3 sales
(CercleFinance.com) - Richemont reports nine-month sales of E16.
2bn, up 3% (+4% at constant exchange rates), against a backdrop of continued investment in the long-term growth prospects of the group's houses.
In Q3 alone, the Swiss luxury group - owner of Cartier and Van Cleef & Arpels watches, amongst others - boasted the highest quarterly sales in its history, up 10% to E6.2bn.
Richemont recorded double-digit growth in the Americas, Europe, the Middle East, Africa and Japan, as well as a slowdown in decline in Asia-Pacific, despite persistently difficult demand in China.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
2bn, up 3% (+4% at constant exchange rates), against a backdrop of continued investment in the long-term growth prospects of the group's houses.
In Q3 alone, the Swiss luxury group - owner of Cartier and Van Cleef & Arpels watches, amongst others - boasted the highest quarterly sales in its history, up 10% to E6.2bn.
Richemont recorded double-digit growth in the Americas, Europe, the Middle East, Africa and Japan, as well as a slowdown in decline in Asia-Pacific, despite persistently difficult demand in China.
Copyright (c) 2025 CercleFinance.com. All rights reserved.