Richemont has continued its hot streak into 2026.The luxury conglomerate, owner of Cartier, Vacheron Constantin, and more high-end maisons, saw its first-quarter sales jump by a whopping 20 percent, according to its latest revenue report. That figure, smashing analysts’ expectations, was bolstered by strong demand in not one, not two, but all Richemont’s recorded markets, including the Americas, Europe, and the Middle East & Africa.Japan actually was at the head of the pack in Q1, with sales up by 36 percent year-over-year. Following closely behind was the Americas, which saw sales climb by 27 percent thanks to high demand in the good ol’ USA. The Asia Pacific and Europe markets saw their sales increase by 21 percent and 11 percent, respectively. The Middle East, meanwhile, saw the small jump at just 3 percent—but still an increase nonetheless. In total, Richemont notched around $7.2 billion (6.3 euros) over the three months ending in June.Jewelry was the shining star in Richemont’s roster, with sales rising by 24 percent—the seventh-consecutive quarter that an increase has been recorded. The dazzling gems under the conglomerate’s umbrella, which include Van Cleef & Arpels, Buccellati, and Vhernier as well as Cartier, accounted for 71 percent of the group sales, too, showing just how dominant jewelry currently is in the luxury landscape.Though we can’t forget about watches. Houses such as Vacheron, Jaeger-LeCoultre, and A. Lange & Söhne were standouts, helping Richemont secure an 8 percent increase in the category. Buyers in the Americas and Japan showed particularly strong demand over Q1.As we mentioned, Richemont has seen plenty of good news as of late. In May, the conglomerate announced it had notched $26 billion in revenue in 2025. In Q4, jewelry led the charge with a combined sales increase of 14 percent, reaching a cool $19.2 billion over the period. In Q3 of 2025, meanwhile, Richemont saw its sales rise by 11 percent year-over-year, to the tune of around $7.43 billion, bolstered by holiday shoppers. We’ll have to see if the company keeps up the pace for the rest of 2026.