Richemont sales rise 6% on strong jewellery demand
Asia Pacific sales were flat overall, as a 7% decline in China, Hong Kong and Macau was offset by growth in other Asian markets
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Richemont has reported a 6% increase in group sales to €5.4bn (£4.68bn), driven by continued strength in its jewellery maisons, which rose 11% to €3.91bn (£3.38bn) for the quarter ended 30 June 2025.
The group’s four jewellery maisons, Buccellati, Cartier, Van Cleef and Arpels, and Vhernier, recorded a third consecutive quarter of double-digit growth, supported by demand across jewellery and watch product lines.
During the quarter, it also recorded consistent growth across all distribution channels, led by jewellery maisons
However, sales from Richemont’s specialist watchmakers fell 7% to €824m (£713.6m), mainly due to declines in China.
All regions posted growth except Japan, which faced a strong comparative in the prior-year period.
Notable performances included Europe, up 11% to €1.2bn (£1.04bn); the Americas, up 17% to €1.3bn (£1.13bn); and the Middle East and Africa, also up 17% to €524m (£453.8m). Sales in Japan declined 15% to €527m (£456.4m).
Asia Pacific sales were flat overall, as a 7% decline in China, Hong Kong and Macau was offset by growth in other Asian markets.
Additionally, Richemont’s other business area, including its fashion and accessories maisons saw sales fall 1% to €674m (£583.7m).
