Richemont H1 sales jump 10%

Richemont has revealed that it posted group sales of €10.6bn (£9.4bn), an increase of 10% on a constant currency basis, for the half year ended 30 September 2025.

It also posted a profit of €1.8bn (£1.6bn) for the period, driven by continuing operations and non-recurrence of the prior-year period loss from discontinued operations.

Alongside this, its operating profit rose to €2.4bn (£2.1bn) underpinned by “strong sales contribution and continued cost discipline”.

The business stated that all of its regions saw double-digit growth in Q2 at constant rates, led by sustained local demand.

Strong demand fuelled growth in its Jewellery Maisons’ category with sales up 9% at actual exchange rates. The maisons include Buccellati, Cartier, Van Cleef and Arpels and Vhernier.

Johann Rupert, chairman, said: “The group delivered a remarkable top line performance in the first half led by sustained local demand, attesting to the strength of our Maisons’ positioning, built with consistency over time.

“I have full confidence in our talented teams’ ability to continue to rise to the challenge, and never cease to be impressed by their excellence at crafting distinctive and timeless creations to enchant our clients. I know that we can count on the unwavering dedication of our renewed leadership to implement our Maisons’ long-term strategies with discipline and agility, thereby contributing to sustainable value creation for our stakeholders.”