Asia boosts Q1 growth for Richemont

18/07/2023

Luxury group Richemont has reported revenues of more than €5.3 billion for the first quarter of its current business year, the three months ending June 30, 2023.

It said this figure represented growth of 14% year on year, but this is based on a new presentation of its 2022 figures motivated by its classification of online portal Yoox Net-A-Porter (YNAP) as a discontinued operation.