The sales of Richemont in the first fiscal quarter of 2025

On July 17, 2025, Richemont announced the core results for its first fiscal quarter ending June 30, 2025. The overall sales of the group reached 5.41 billion euros, representing a 6% year - on - year increase at constant exchange rates. Among them, the jewelry business performed particularly impressively. Its sales climbed to 3.91 billion euros, with an 11% year - on - year growth, and it accounted for a dominant 72% of the total revenue. Top brands such as Cartier and Van Cleef & Arpels have been continuously driving the robust growth of the jewelry segment, demonstrating the demand resilience and brand appeal in the high - end jewelry market.

In stark contrast is the performance of the watch division. The sales of watch brands under the group, including Piaget and Vacheron Constantin, declined by 7% year - on - year to 824 million euros. This data reflects that the global high - end watch market is facing certain adjustment pressure in the short term, which may be constrained by the macro - economic environment and changes in consumption habits.

Disclaimer: The above content and data are compiled and summarized by Viewpoint New Media. They are for industry reference only and do not constitute any investment advice.