Editor’s Note
**Editor’s Note:** Richemont’s jewelry segment continues its remarkable run, posting a 21% sales surge in the first quarter—marking the seventh consecutive quarter of growth. With all four brands, including Cartier and Van Cleef & Arpels, achieving double-digit increases, the luxury giant shows no signs of slowing down.
Richemont’s Jewelry Sales Soar for the Seventh Quarter in a Row
Jewelry sales for the company, which owns Cartier, Van Cleef & Arpels, Vhernier, and Buccellati, rose 21 percent in the first quarter.
A white gold necklace from Vhernier’s new high jewelry collection, “Freccia” (arrow), featuring lapis, rock crystal, diamonds, and white mother of pearl. Richemont, which owns Vhernier, saw a double-digit increase in sales across all its jewelry brands in the first quarter.
Geneva—Sales for the four jewelry brands Richemont owns rose more than 20 percent to start the year, growth the luxury conglomerate described as “remarkable.”
It marked the seventh consecutive quarter of double-digit sales growth for the company’s jewelry brands.
The company said,
Richemont’s total sales reached €6.33 billion ($7.24 billion) in the first quarter, a 17 percent increase (20 percent at constant exchange rates) compared with the prior-year period.
In the first quarter ended June 30, Buccellati, Cartier, Van Cleef & Arpels, and Vhernier posted a combined 21 percent year-over-year increase in sales (24 percent on a constant exchange rate basis) to €4.73 billion ($5.41 billion), Richemont reported Wednesday.
Sales for Richemont’s watch brands were not as robust but continued to improve, increasing 6 percent (8 percent at constant exchange rates) to €873 million ($1 billion).
According to Richemont, all its brands did well all over the world.
While sales increased across the board, Richemont did call out Vacheron Constantin, Jaeger-LeCoultre, and A. Lange & Söhne as its top-selling watch brands, while it said the Americas and Japan were the strongest regions for watch sales.
The company also owns IWC Schaffhausen, Panerai, Piaget, and Roger Dubuis; it sold Baume & Mercier to the Damiani Group.
The company saw growth across all regions, with sales in the Americas increasing 25 percent (27 percent at constant exchange rates), fueled by local spending over tourist spending, Richemont noted.
The only region that did not record a double-digit increase in sales was the Middle East & Africa, where sales rose only 1 percent (3 percent at constant exchange rates) due to the “significant drop” in tourist spending in the Middle East.
Richemont also recorded growth across all its sales channels.
Retail sales increased 21 percent (24 percent on a constant exchange rate basis); online sales were up 15 percent (18 percent on a constant exchange rate basis); and wholesale sales and royalty income rose 7 percent (9 percent on a constant exchange rate basis).
– Sherry Smith: What Today’s Jewelry Consumer Is Telling Us
– Man Charged in $1M Jewelry Store Heist Lands on FBI Most Wanted List
– Kering’s Jewelry Shines in Q1, Gucci’s Struggle Continues
– Sourcing: Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
– The event, scheduled for next month in New Orleans, will include dinner, a custom jewelry design contest, and education sessions.
– Test your jewelry news knowledge by answering these questions.
– Sourcing: Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce Solutions
– DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.
– Hamptons Jewelry Show to Return in July
– The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.
– Pomellato’s New High Jewelry Is Liberating
– The New York-based jewelry brand has expanded overseas, opening a store in London’s Mayfair district.
– Alberto Perez-Elias is one of four men charged with robbing a Cape Coral, Florida, jewelry store and is the only one still at large.
– Sourcing: AGTA also has announced the lineup of judges for the colored gemstone cutting and jewelry design contest’s various categories.
– Sourcing: In honor of its 20th anniversary, the jewelry brand has released a limited-edition collection of Swiss-made timepieces.
– Boucheron’s New High Jewelry Collection Is an Ode to the Human Touch
– “Human Being” highlights the similarities and differences between us through five sets of jewelry that celebrate fine craftsmanship.
– Nate Borgelt will lead the digital auction house and content platform’s new division as head of watches.
Michelle Graff
[email protected]
Jul 16, 2026