Winners and Losers in Luxury’s New Order: Andrea Felsted

Winners and losers in Luxury’s new order: Andrea Felsted

Richemont leads luxury with strong jewelry sales, Burberry shows signs of recovery, and Swatch faces pressure amid falling shares and investor unrest.

Cartier owner Richemont posts 4% sales growth in FY25

Richemont, owner of Buccellati, Cartier and other luxury brands, has announced a 4% increase in sales in fiscal 2025 (FY25).The post Cartier owner Richemont posts 4% sales growth in FY25 appeared first on Retail Insight Network.

Switzerland’s Richemont’s 2025 sales hit $23.97 bn amid retail growth

Richemont has reported sales of €21.4 billion (~$23.97 billion) in 2025, up 4 per cent YoY, with strong retail and direct-to-client growth offsetting Asia Pacific weakness. Operating profit fell 7 per cent to €4.47 billion, while net profit rose to €2.75 billion (~$3.08 billion). Key milestones included the YNAP sale, Vhernier acquisition, and brand expansions.Richemont has reported sales of €21.4 billion (~$23.97 billion) in 2025, up 4 per cent…

Richemont sees strong sales and profit in its year end results

Luxury brand group Richemont has posted strong sales growth of 4 per cent at US$24 billion in its year-end results.