Richemont Reports 7% Rise in Q4 Sales, Driven by Strong U.S. Jewelry Demand

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Swiss luxury group Richemont (CFR.S), owner of prestigious brands including Cartier, Van Cleef & Arpels, and Piaget, reported a 7% year-on-year rise in fourth-quarter sales (ending March 31), reaching €5.17 billion ($5.80 billion) in constant currencies.

The growth slightly exceeded market expectations, buoyed by robust demand for high-end jewelry in the United States, which helped offset softer watch sales in Asia, where demand has recently shown signs of weakening.

Richemont’s performance underlines the resilience of the global luxury jewelry segment—particularly in Western markets—even amid macroeconomic uncertainty and regional disparities in luxury consumption patterns.

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