{"id":200038,"date":"2026-07-15T09:57:04","date_gmt":"2026-07-15T07:57:04","guid":{"rendered":"https:\/\/luxus-plus.com\/?p=200038"},"modified":"2026-07-15T09:57:37","modified_gmt":"2026-07-15T07:57:37","slug":"richemont-gets-off-to-a-strong-start-to-the-fiscal-year-with-a-20-increase-in-sales-in-the-first-quarter","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/richemont-gets-off-to-a-strong-start-to-the-fiscal-year-with-a-20-increase-in-sales-in-the-first-quarter\/","title":{"rendered":"Richemont gets off to a strong start to the fiscal year with a 20% increase in sales in the first quarter"},"content":{"rendered":"<h4><b>The Geneva-based luxury giant Richemont, owner of Cartier and Van Cleef &amp; Arpels, posted an excellent start to the year for its first quarter ended June 30, 2026. Driven by the exceptional momentum of its jewelry houses and strong performance across nearly all of its key markets, the group posted revenue of 6.3 billion euros, up 20% at constant exchange rates.<\/b><\/h4>\n<p><!--more--><\/p>\n<h2><\/h2>\n<h2>Jewelry, the undisputed driver of growth<\/h2>\n<p>&nbsp;<\/p>\n<p>During this first quarter of the fiscal year, Richemont saw its total sales rise by 17% at actual exchange rates to 6.329 billion euros. These results actually exceeded analysts&#8217; expectations, who had forecast revenue of less than 6 billion euros.<\/p>\n<p>&nbsp;<\/p>\n<p>This remarkable performance was once again driven by its prestigious <b>jewelry houses<\/b> (Cartier, Van Cleef &amp; Arpels, Buccellati), whose revenue jumped <b>24%<\/b> at constant exchange rates to reach 4.73 billion euros.<\/p>\n<p>&nbsp;<\/p>\n<p>Meanwhile, the <b>Specialty Watchmaking<\/b> division confirmed its gradual recovery with an 8% increase, while the <b>Fashion &amp; Accessories<\/b> division grew by 9%. By distribution channel, direct-to-consumer retail sales emerged as the primary driver of growth, with a marked increase of 24%.<\/p>\n<p>&nbsp;<\/p>\n<h2>Geographic momentum driven by Japan and the Americas<\/h2>\n<p>&nbsp;<\/p>\n<p>Geographically, growth was particularly balanced. <b>Japan<\/b> posted the strongest quarterly growth with a <b>36%<\/b> surge in sales at constant exchange rates, closely followed by the <b>Americas<\/b> region (+27%) and the <b>Asia-Pacific<\/b> region (+21%). <b>Europe<\/b> maintained a solid pace of growth at +11%, while the <b>Middle East &amp; Africa<\/b> region returned to growth (+3%).<\/p>\n<p>&nbsp;<\/p>\n<p>Although the global macroeconomic and geopolitical environment remains volatile and marked by rising raw material costs, Richemont is approaching the remainder of the fiscal year with confidence. The Swiss group is supported in particular by an extremely sound financial position, with net cash now totaling <b>9.1 billion euros<\/b> (bolstered by the receipt of 400 million euros from the sale of its stake in Avolta).<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/a-bunch-of-designers-the-new-initiative-launched-by-richemont\/\">A Bunch of Designers, the new initiative launched by Richemont<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Richemont<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Geneva-based luxury giant Richemont, owner of Cartier and Van Cleef &amp; Arpels, posted an excellent start to the year for its first quarter ended June 30, 2026. Driven by the exceptional momentum of its jewelry houses and strong performance across nearly all of its key markets, the group posted revenue of 6.3 billion euros, up 20% at constant exchange rates.<\/p>\n","protected":false},"author":1882,"featured_media":200033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"Richemont has posted a revenue of 6.3 billion euros, up 20% at constant exchange rates for the 1st semester 2026.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[24,24713],"tags":[24652,23232,24994,22419,25206,24811,23455,24602],"class_list":["post-200038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news-en","tag-buccellati-en","tag-cartier-en","tag-joaillerie-en","tag-news-en","tag-resultats-en","tag-results-en","tag-richemont-en","tag-van-cleef-arpels-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/200038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1882"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=200038"}],"version-history":[{"count":4,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/200038\/revisions"}],"predecessor-version":[{"id":200051,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/200038\/revisions\/200051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/200033"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=200038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=200038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=200038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}