Not all images were able to load for printing. Please close the print window and try again. Richemont Reports Sales Up 11% For the Third Quarter of 2025
Solid calendar year end for the luxury powerhouse, with strong performance in all regions, yet jewellery ourtperforms watches.
Despite a challenging political and economic context worldwide, and the undeniable impact of tariffs on exports to the US, luxury powerhouse Richemont, owner of Cartier, IWC, JLC, and Vacheron, seems to remain strong. Indeed, in its latest quarterly report for the three-month period ended 31 December 2025 versus the prior-year period, and at constant exchange rates, the Group reports sales up 11% with positive outcomes for all regions, including the Americas. Overall, Richemont reports that the sales over the nine-month period to December 2025 increased by 10% at constant exchange rates.
In addition to the overall image, it is interesting to see that all regions posted solid growth, led by double-digit performances in the Americas, Japan and Middle East & Africa. In the Americas, ongoing strength in local demand drove a 14% rise in sales, with all business areas and all main markets contributing to the regional performance. In Europe, sales increased by 8%, led by local demand and supportive tourist spending, particularly from North American and Middle Eastern clients. The Middle East & Africa region posted the highest regional growth with sales up by 20%, led by strength in the United Arab Emirates market. Finally, after concerning times for Asia, sales increased by 6%, with growth at Jewellery Maisons and Specialist Watchmakers. Sales in China, Hong Kong and Macau combined were up by 2%.
As for the business units, Richemont’s four Jewellery brands (Buccellati, Cartier, Van Cleef & Arpels and Vhernier) delivered most of the quarterly performance, with sales up 14% – an ongoing situation where jewellery outperforms the watchmaking division. For the latter, Richemont recorded a second consecutive positive quarter, with sales up by 7% and growth across all regions, including double-digit performances in the Americas and Middle East & Africa.
All in all, 9-month sales established themselves at EUR 17.0 billion, up by 10% at constant exchange rates, despite a complex macroeconomic environment marked by weaker main trading currencies and rising material costs continuing to weigh on margins.
For more details, please visit richemont.com.
