{"id":51307,"date":"2026-11-13T09:34:52","date_gmt":"2026-11-13T08:34:52","guid":{"rendered":"https:\/\/www.mixtv1.com\/index.php\/2026\/11\/13\/richemonts-jewelry-sales-rise-14\/"},"modified":"2026-11-13T09:34:52","modified_gmt":"2026-11-13T08:34:52","slug":"richemonts-jewelry-sales-rise-14","status":"publish","type":"post","link":"https:\/\/www.mixtv1.com\/index.php\/2026\/11\/13\/richemonts-jewelry-sales-rise-14\/","title":{"rendered":"Richemont\u2019s Jewelry Sales Rise 14%"},"content":{"rendered":"<ul>\n<li>Richemont group sales were up 13% in its fiscal Q3, driven by the Americas (+19%) and Japan (+23%).<\/li>\n<li>Sales at its jewelry maisons, including Cartier and Van Cleef &#038; Arpels, were up 14%.<\/li>\n<li>Sales at its specialist watchmakers were up 10%, while sales of \u2018other houses\u2019, including fashion houses, were up 9%.<\/li>\n<\/ul>\n<p>The breakdown<\/p>\n<p>Jewelry sales at Cartier\u2019s parent company decelerated in fiscal Q2, after surging 24% in Q1. Jewelry maisons\u2019 sales were up 14% to \u20ac4.4 billion in the second quarter of fiscal 2027, below consensus expectations of a 16% growth, while Richemont posted group sales up 13% at constant exchange rates to \u20ac6 billion, above consensus expectations of 12%.<\/p>\n<p>Sales at the specialty watchmakers division, including IWC Schaffhausen, Jaeger-LeCoultre and Piaget, were up 12%. Second-quarter sales at the conglomerate\u2019s \u201cother houses\u201d division, which includes fashion and accessories brands, were up 9%.<\/p>\n<p>By geography, Richemont sales in the Americas were up 19% in Q2, Europe was up 15%, Asia-Pacific increased by 10%, Japan rose by 23%, while the Middle East and Africa were down 7%.<\/p>\n<p>Despite the slowdown, Richemont remains the best in class in this season\u2019s earnings calendar.<\/p>\n<p> <a class=\"echo_read_more\" href=\"https:\/\/www.vogue.com\/article\/richemonts-jewelry-sales-rise-14\" target=\"_blank\">\u00a0\u00bb\u00a0More Info >>><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Richemont group sales were up 13% in its fiscal Q3, driven by the Americas (+19%) and Japan (+23%). Sales at its jewelry maisons, including Cartier and Van Cleef &amp; Arpels, were up 14%. Sales at its specialist watchmakers were up 10%, while sales of \u2018other houses\u2019, including fashion houses, were up 9%. The breakdown Jewelry<\/p>\n","protected":false},"author":55,"featured_media":51308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","wpai_meta_description":"","footnotes":""},"categories":[35],"tags":[260,2921,2922,36],"class_list":["post-51307","post","type-post","status-publish","format-standard","has-post-thumbnail","category-netbuzz","tag-business","tag-business-companies","tag-business-companies-earnings","tag-mixtv"],"_links":{"self":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts\/51307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/comments?post=51307"}],"version-history":[{"count":0,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/posts\/51307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/media\/51308"}],"wp:attachment":[{"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/media?parent=51307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/categories?post=51307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mixtv1.com\/index.php\/wp-json\/wp\/v2\/tags?post=51307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}