Not all images were able to load for printing. Please close the print window and try again. Richemont Reports Strong First Semester 2026, Sales up by 17%
Growth driven by jewellery brands, solid performance from Specialist Watchmakers.
Richemont, the Swiss luxury powerhouse, pursues its 2026 fiscal year on a strong note. For the first semester ended 30 September 2026, the group reported sales of EUR 12.3 billion, up by 17% at constant rates (+16% actual). The second quarter growth was sustained at +13% after a particularly strong first quarter in which sales rose by 20%. At EUR 3,1 billion, the operating profit for the semester is up 33% at actual rates and +38% at constant rates.
These positive results were driven by the Jewellery Maisons (Cartier and Van Cleef & Arpels, in particular), with sales up 18% in the first 6 months of the year at EUR 9,1 billion, reinforcing jewellery as the group’s key growth engine.
The Group’s Specialist Watchmakers reported sales of EUR 1.7 billion, up by 9% at actual rates. At constant exchange rates, sales in the six-month period grew by 10%, and 12% in the second quarter. Richemont mentions that sales rose across most watchmaking Maisons led by Vacheron Constantin, Jaeger-LeCoultre and A. Lange & Söhne.
From a geographical perspective, Richemont reported growth for most regions, with +23% for the USA, +13% for Europe, +16% for Asia-Pacific and + 30% for Japan, while sales for the Middle East and Africa are down 2%, impacted by the geopolitical situation.
Last, sales rose across all distribution channels in the first half. Retail and online sales were particularly strong, leading to a 78% share of direct-to-client sales, a 2-percentage-point increase versus the prior-year period. For more information, please visit richemont.com.
