Tag:

Richemont

Richemont Q3 sales beat forecasts as China recovers

Luxury group Richemont, owner of Cartier and Van Cleef & Arpels, reported an 11% rise in third-quarter sales, beating expectations as jewellery demand remained strong and China’s market improved.

15 Jan 2026-10:40
Richemont beats sales forecast as Cartier and luxury watches soar

Richemont, the Swiss luxury group that owns Cartier, exceeded expectations in its latest quarterly sales report, driven by strong demand for jewelry and watches. The Geneva-based company reported a 14% increase in sales for the July–September period, reaching 5.21 billion euros ($6.08 billion), surpassing analyst forecasts of 5.0 billion euros. The growth highlights a recovery in the high-end luxury market despite global economic uncertainties.

14 Nov 2025-10:15
LVMH sales beat expectations, driving luxury stocks higher

Shares of LVMH surged 12–13% on Wednesday after the luxury giant reported better-than-expected Q3 sales, fueled by a rebound in Chinese demand, sparking a sector-wide rally.

15 Oct 2025-12:30