Richemont sales continue to climb in Q3

Increase FontSizeDecrease FontSize
19-Jan-2014

fiogf49gjkf0d

For the third quarter Richemont sales increased by 9 percent at constant exchange rates to $4 billion, with both its jewelry and watch segments enjoying similar growth. Richemont’s Jewellery Maisons sector, comprised of Cartier and Van Cleef & Arpels, saw the strongest year-over-year growth out of all Richemont’s business areas, with sales increasing 10 percent to $2.07 billion in the quarter ended Dec. 31. Sales were up 9 percent for the group’s Specialist Watchmakers, climbing from $1.07 billion in the third quarter of 2012 to $ $1.11 billion during the same period in 2013.  Sales increased in all the company’s other regions--Europe and the Middle East (9 percent), Asia-Pacific (6 percent), and Japan (13 percent). Retail sales, which were up 14 percent, outperformed wholesale sales, which rose 3 percent. Richemont will release its full-year financial results on May 15

 

Post a comment

 

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Celebrity News

Zendaya Shines in Chopard at The Odyssey Premiere in New York City

Jennifer Lopez Wears Chopard in Paris

Rihanna Shines in Jacob & Co. Fine Jewelry at Jay-Z's "Extra Innings" Show

Calendar of Events

Exhibition & Events

Vicenzaoro September 2026 Strengthens Its Position as a Global Hub for High Jewellery

SIJE 2026 Presented More Than 450 Brands and Exhibitors

Basilia Jewellery & Watch Fair to Debut in Basel in April 2027

Our Group Websites

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player