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Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shines
The latest sales report from Richemont reveals a strong performance, outpacing forecasts with a twenty percent rise in sales in constant currencies. This growth was primarily driven by an unexpected spike in jewelry sales, significantly enhancing the company's overall results. Notably, both the Asian and American markets showed robust growth, helping elevate other luxury company stocks in the market as well.
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independent.co.uk
Watches of Switzerland taps into lab-grown diamond boom in jewellery push
The luxury retailer reported a 76% rise in pre-tax profits to £133 million for the year to May 3.
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letemps.ch
Richemont affiche une croissance de 20% au premier trimestre, portée par la joaillerie - Le Temps
Le groupe genevois dépasse largement les attentes des analystes avec un chiffre d'affaires de 6,32 milliards d'euros. Le segment de la joaillerie enregistre des performances…
