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

Rita Ora Shines in Saudi Jewellery Brand Charmaleena

Dua Lipa Dazzles in Bvlgari for 2026 Winter Olympics Global Campaign

Sydney Sweeney Shines in Messika at The Housemaid New York Premiere

Calendar of Events

Exhibition & Events

Vicenzaoro January Unveils the Best of Italian and International High Jewellery

JGTD 2025 Sees 15% Rise in Buyers with Record 55% International Turnout

Vicenza Jewellery Museum Unveils New Exhibition: Jewellery – Italy: Ancient to Modern

Our Group Websites

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

Get Adobe Flash player