Richemont reported strong third-quarter performance for the period ended 31 December 2025, with group sales reaching €6.4 billion, up 11% at constant exchange rates and 4% at actual rates, despite challenging comparatives and currency pressures. Jewellery Maisons remained the main growth engine, posting a 6% rise in sales to €4.78 billion, supported by robust festive demand across Cartier, Van Cleef & Arpels, Buccellati and Vhernier.
Growth was broad-based geographically. At actual rates, the Americas rose 6%, Japan grew 7%, and Middle East & Africa delivered the strongest regional performance with a 12% increase, led by the UAE. Europe posted 6% growth, supported by local demand and tourist spending, while Asia Pacific declined 2%, with China, Hong Kong and Macau combined up 2% (constant rates).
Retail remained the dominant channel, accounting for 72% of group sales and growing 12%. Wholesale rose 9%, and online retail increased 5%, led by jewellery.
For the nine months ended December 2025, Richemont’s sales reached €17.0 billion, up 10% at constant rates. The group maintained a robust net cash position of €7.6 billion, while continuing to invest amid rising material costs and currency headwinds.