Richemont reports a strong Christmas quarter in 2025 – watches remain in positive territory
Richemont increased its currency-adjusted sales in the third quarter of its current fiscal year by 11 % to €6.4 billion.
Richemont increased its currency-adjusted sales in the third quarter of its current fiscal year by 11 % to €6.4 billion.
Michael Guenoun, CEO of Baume & Mercier, has assembled a consortium to acquire the watch brand from the Swiss luxury goods group...
Richemont has proven resilient to tariff disputes and a weakening China business, increasing sales in the first half of the 2025/26 financial year.
The Tagesschau newspaper's website headline reads: "Swiss Disbelief Over US Tariffs." That probably sums it up quite well. And...
While Richemont was at least able to record an increase in sales in the jewellery segment in Q1 of the current financial year (the watch sector lost a lot of ground) and...
The luxury goods group closed the first quarter of the current fiscal year, which ended on June 30, with an increase in sales compared to the previous year...
The 2024/25 financial year, which ended on March 31, brought the luxury goods group a profit increase of 17 percent...
Founded in 1860 by Giovanni Panerai and part of the Richemont Group since 1997, Jean-Marc Pontroué took over the brand in 2018 as...
In view of companies such as LVMH, Swatch Group and Kering, Richemont's business figures appear almost anti-cyclical. Because the...