Q1 growth for Richemont
Luxury group Richemont has reported revenues of €5.4 billion for the first quarter of its current business year, the period ending June 30, 2025.
This figure represents growth of 3% compared to the same quarter a year earlier.
The group’s own stores, including those of its jewellery and watch brands, as well as those of leathergoods brands Delvaux, Chloé and Gianvito Rossi, brought in more €3.7 billion, growth of 3% year on year.
Wholesale revenues were up by 2% to reach more than €1.3 billion, while online sales accounted for a smaller figure, €323 million of the total, but up by 3% year on year.