Richemont reports 10% increase in sales

27/04/2005

Swiss luxury goods group Richemont has reported that its unaudited sales for the fiscal year ended 31 March 2005 were up by 10% to €3.717 billion.

 

Richemont owns a portfolio of leading international brands including Cartier, Van Cleef & Arpels, Montblanc, Alfred Dunhill and Lancel as well as the prestigious watch manufacturers Jaeger-LeCoultre, Piaget, Baume & Mercier, IWC, Vacheron Constantin, A. Lange & S hne and Officine Panerai. In addition to its luxury goods business, Richemont holds an 18.3% interest in British American Tobacco.