Richemont SA posted double-digit sales growth in the third quarter of 2025, driven by strong performance across its global luxury portfolio. The results reinforce confidence in high-end consumer demand despite macroeconomic headwinds.
- Richemont reported 12.3% year-on-year sales growth in Q3 2025.
- Asia-Pacific region delivered 17.4% sales growth, the strongest regional performance.
- Direct-to-consumer sales rose 14.2%, driven by e-commerce expansion.
- Adjusted operating profit increased by 13.6%.
- Gross margin held steady at 75.1%.
- Richemont’s shares (RICH.L) rose 2.4% following the results.
Richemont SA, the luxury goods conglomerate behind brands such as Cartier, Van Cleef & Arpels, and Chloé, reported a 12.3% increase in consolidated sales for the third quarter of 2025 compared to the same period in the prior year. The growth was fueled by robust demand across Asia-Pacific, Europe, and North America, with Asia-Pacific contributing the highest year-on-year gains at 17.4%. The company’s wholesale segment saw a 10.8% rise in sales, while its direct-to-consumer channel, including e-commerce, expanded by 14.2%. This highlights continued consumer appetite for premium products even amid inflationary pressures and cautious spending in other sectors. The strong performance was reflected in the company’s financial metrics: adjusted operating profit rose 13.6% year-on-year, while gross margin remained stable at 75.1%, underscoring effective cost management and pricing power. Investor reactions were positive, with Richemont’s shares (RICH.L) gaining 2.4% in early trading, while its French-listed CAC 40 component (MC.PA) and Australian-listed unit (RLC.AX) also posted gains. Analysts view the results as a sign of sustained demand for luxury goods, particularly among affluent consumers in emerging markets.