Luxury Titan Richemont Soars in Q3 2025 Despite Economic Challenges

Despite enduring international political and financial turbulence, alongside seemly hindering export tariffs to the U.S, luxury behemoth Richemont maintains an unshakeable stature. In its Q3 report for the period ending December 31, 2025, the Group reported an 11% increase in sales as compared to the previous year - a positive upturn recorded across all regions. Within a span of nine months leading up to December 2025, Richemont achieved an overall increase of 10% in sales, measuring at constant exchange rates.

Stunningly, the Middle East & Africa region experienced the highest regional growth, with sales soaring by an impressive 20%. The United Arab Emirates market was a strong contributor to this success. In Asia, after a period of instability, sales climbed 6% with Jewellery Maisons and Specialist Watchmakers taking the lead. Sales in China, Hong Kong, and Macau combined increased by a modest 2%.

In terms of business units, Richemont’s four jewellery bands - Buccellati, Cartier, Van Cleef & Arpels, and Vhernier - were the key drivers for their quarterly performance, recording a 14% increase in sales. This ongoing trend of jewellery outperforming the watchmaking division dares to challenge the status quo. A positive spin is noted for the latter, with a second consecutive quarter of growth evidenced by a 7% increase across all regions, highlighting double-digit performances in the Americas and Middle East & Africa.

The accumulation of 9-months sales reached EUR 17.0 billion, a rise by 10% at constant exchange rates, exhibiting a triumph against the enduring strain of a complex macroeconomic environment. Weaker main trading currencies and elevated material costs that typically exert pressure on margins were successfully navigated.