Group sales reached €6.3 billion for the three months ended June 30 2026, an increase of 17% at actual exchange rates, supported by double-digit growth across Europe, the Americas, Asia Pacific and Japan, while the Middle East and Africa returned to growth.
The group’s Jewellery Maisons, including Cartier, Van Cleef & Arpels, Buccellati and Vhernier, recorded a combined 24% increase in sales, marking a seventh consecutive quarter of double-digit growth. Richemont said performance was driven by continued innovation across its jewellery and watch collections, with growth reported across all brands, regions and sales channels.
Specialist Watchmakers posted an 8% increase in sales, with Vacheron Constantin, Jaeger-LeCoultre and A. Lange & Söhne among the strongest performers, while the group’s Other division, which includes its Fashion & Accessories Maisons, grew sales by 9%, led by brands including Peter Millar, Gianvito Rossi and Watchfinder & Co.
Retail remained the largest sales channel, accounting for 71% of group revenue after increasing 24%, while online retail rose 18% and wholesale sales increased 9%.
Despite the strong trading performance, Richemont said it continued to invest in supporting the long-term growth of its maisons against a “persistently volatile macroeconomic and geopolitical backdrop” that continues to drive elevated raw material costs.
FY2026 results
The strong first quarter follows a positive FY2026, when Richemont reported group sales of €22.4 billion, up 11% at constant exchange rates and 5% on a reported basis, while operating profit increased to €4.5 billion. Profit for the year rose 27% to €3.5 billion, supported by robust jewellery sales, which reached €16.5 billion, and disciplined cost management despite higher raw material costs and adverse currency movements.
