Richemont reported steady growth in luxury jewellery sales in the first half of the fiscal year ending September 30, 2025, driven by strong market demand. 

The group’s jewellery maisons – Buccellati, Cartier, Van Cleef & Arpels and Vhernier – posted a 9 per cent increase in sales to €7.7 billion (around US$8.92 billion) in the first six months of the year, with a “particularly strong” second-quarter growth of 17 per cent. Group sales were up 10 per cent to €10.6 billion (approximately US$12.28 billion).

Robust jewellery sales were supported by a broad-based rise in demand across the key markets of the US, Europe, Middle East and Africa except Japan. Jewellery also led Richemont’s recovery in China, Hong Kong and Macau in Q2. 

“Our jewellery maisons continued to excel,” the group said. “Against the backdrop of significant currency movements, higher raw material costs and, to a lesser extent, the initial effect from additional US duties, the jewellery maisons implemented measured price increases while managing their costs efficiently.” 

Backed by top line momentum, this allowed them to mitigate the impact of external headwinds and deliver a €2.5 billion (around US$2.89 billion) operating result in the first half. 

Retail sales from the group’s directly operated stores as well as online retail were also led by a double-digit increase in Richemont's jewellery business.

Timeless collections showcasing ongoing innovations such as Opera Tulle and Macri at Buccellati; Clash, Panthère and Santos at Cartier; and Alhambra, Flora and Perlée at Van Cleef & Arpels continued to sustain buyer interest.

In September, Van Cleef introduced the Flowerlace Collection while Cartier unveiled its new branding campaign and the Love Unlimited line. Successful events in Europe and Asia as well as targeted renovations and opening of new boutiques were likewise critical growth drivers.