Companies

Richemont posts strong third quarter

Jan 19, 2026 Switzerland

The Switzerland-based luxury group has posted a strong performance in the third quarter, with year-on-year growth of 11%, driven by growth across all segments, regions and channels

In the three months leading up to the 31^st of December 2025, Richemont recorded sales of 6.4 billion euros. This represents an 11% increase at constant rates and a 4% increase at actual rates, as compared to the same period in the previous financial year.

The group highlighted the “continued strength” of the Jewellery Maisons segment, which includes brands such as Buccellati and Cartier. This segment recorded a 14% year-on-year growth in sales at constant rates during the quarter. Meanwhile, the Specialist Watchmakers and Other (including Fashion & Accessories Maisons) segments recorded year-on-year growth at constant rates of 7% and 3%, respectively.

In the third quarter of the 2026 financial year, Richemont also saw “notable” double-digit growth in sales in the Americas, Japan and the Middle East and Africa regions, with increases of 14%, 17% and 20%, respectively, on a comparable basis with the third quarter of the previous year. Growth was more subdued in Europe and the Asia-Pacific regions, with sales growing by 8% and 6% at constant rates, respectively.

Finally, in terms of channels, retail led growth, with sales rising by 12% at constant rates, as compared to the third quarter of the 2025 financial year. This was followed by wholesale, with sales up by 9% year-on-year, and then online, with sales up by 5%.

Overall, the luxury group recorded sales of 17.0 billion euros in the nine months of its current financial year, reflecting an increase of 10% at constant exchange rates and 5% at actual rates, on a comparable basis to the same period of the previous year.

Richemont plans to invest consistently “to nurture Maisons’ growth prospects in a complex macroeconomic environment marked by weaker main trading currencies and rising material costs continuing to weigh on margins”. Full-year results will be released on the 22^nd of May 2026.

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Switzerland Companies Luxury Quarter Results Results Richemont