Richemont has reinforced its position as one of the dominant forces in luxury jewelry, reporting strong fiscal year results driven by exceptional performance from its prestigious jewelry maisons.
The owner of Cartier, Van Cleef & Arpels, Buccellati, and Vhernier generated €22.4 billion in annual sales for the fiscal year ending March 31, reflecting continued appetite for high jewelry among the world’s most affluent consumers.
For the 1%, luxury jewelry remains one of the most coveted categories within personal luxury, combining artistry, heritage, and enduring value. Richemont’s latest results highlight how demand for exceptional craftsmanship continues to shape the global luxury landscape.
Jewelry Continues to Lead Luxury Growth
Richemont’s jewelry division delivered €16.5 billion in annual sales, representing an 8 percent increase at actual exchange rates and 14 percent growth at constant exchange rates.