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Richemont's Q1 Sales Rise 6% to €5.4 Billion Amid Volatile Market
ByAinvest
Wednesday, Jul 16, 2025 1:31 am ET1min read
Richemont posted Q1 sales of €5.4bn, up 6% at constant exchange rates and 3% at actual exchange rates. Jewellery Maisons rose 11%, while Specialist Watchmakers fell 7%. Other businesses, including Fashion & Accessories Maisons, declined 1%. The company's net cash position was €7.4bn, after cash was transferred to YNAP following the LuxExperience sales transaction.
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