LuxuryRichemont's growth in the Christmas quarter clearly exceeds market expectations
SDA
15.1.2026 - 07:15
The luxury goods group Richemont recorded a strong jewelry and watch business in the third quarter. (archive picture)
Keystone
The Swiss luxury goods group Richemont has significantly increased its sales in the important Christmas quarter. Market expectations were clearly exceeded.
Keystone-SDA
15.01.2026, 07:15
SDA
In the third quarter of 2025/26 (as at the end of December), sales rose by 4 percent to 6.4 billion euros, as Richemont announced on Thursday. In local currencies, sales even increased by 11 percent.
This is more than in the record quarter of the previous year, when the Geneva-based company achieved +10 percent. Analysts had expected an average increase in organic growth of just 8.3 percent.
The jewelry business with the flagship brand Cartier remained strong (+14% at constant currencies), while the watch business with brands such as IWC also increased (+7%).
Richemont does not publish profit figures for the third quarter. As usual, the luxury goods group also did not provide a concrete outlook for the full year 2025/26.