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Published on 2024-07-16 17:00:58
Tuesday, 16 July 2024
Jewellery sparks slight uptick in Richemont sales
Luxury goods group Richemont has reported sales growth of just 1% for its first quarter ending 30 June 2024, in economic conditions described as challenging.Â
Sales were up in most regions, particularly Japan, which saw a 59% surge, and the Americas. Europe, the Middle East and Africa were also buoyant, although in China, sales were down by 27%. Jewellery sales were up by 4% while demand for luxury watches dropped…
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