Richemont Jewelry Sales Rise 16% in Q4
Richemont reported a 16% increase in jewelry sales for the fourth quarter of fiscal 2026, exceeding expectations. The company's overall sales rose 11% year-on-year, reaching €22.4 billion. Despite challenges in the Middle East, strong growth was observed in Japan, the Americas, and Asia-Pacific.
- ▪Richemont's jewelry division, which includes brands like Cartier and Van Cleef & Arpels, grew 16% in Q4.
- ▪The company's net cash position stood at €8.5 billion at the end of the fiscal year.
- ▪Sales in the Asia-Pacific region increased by 18%, indicating strong demand despite rising competition from local brands.
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EarningsRichemont Jewelry Sales Rise 16% in Q4By Laure GuilbaultMay 22, 2026Jisoo wearing a Cartier Collection choker from 1905 at the 2026 Met Gala.Photo: Kevin Mazur/ MG26/ Getty Images for The Met Museum/ VogueSave StorySave this storySave StorySave this storySwiss luxury group Richemont announced sales were up 13% at constant exchange rates in the fourth quarter of fiscal 2026, ended March 31. For the full year, the conglomerate’s sales increased 11% year-on-year to €22.4 billion; its net cash position stood at €8.5 billion.Richemont’s division, which includes Cartier, Van Cleef & Arpels and Buccellati, grew 16% in Q4 — smashing expectations of an 11% uplift and surpassing the previous quarter, when jewelry sales grew 14%.
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