Jewellery Houses Drive Richemont’s FY26 Momentum

Strong demand for luxury jewellery helped power Richemont’s FY26 performance, with Cartier and Van Cleef & Arpels continuing to lead growth across global markets.
Jewellery Houses Drive Richemont’s FY26 Momentum
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Richemont delivered solid results for the financial year ending 31 March 2026, with its jewellery division once again emerging as the group’s strongest growth driver in an otherwise uneven luxury landscape.

The Swiss luxury group, which owns maisons including Cartier, Van Cleef & Arpels, Buccellati, and Vhernier, reported annual sales of €22.4 billion. Growth remained healthy throughout the year, with fourth-quarter performance showing continued momentum.

The company’s Jewellery Maisons division stood out as the key contributor, recording double-digit growth and maintaining strong profitability levels. The performance highlighted the continued resilience of branded high jewellery, even amid rising raw material costs, currency fluctuations, and broader economic uncertainty.

Luxury jewellery demand remained particularly strong across the Americas, while Asian markets also contributed positively to the group’s overall performance. Although geopolitical pressures affected parts of the Middle East and Africa, steady consumer appetite in other regions helped offset softer areas.

Richemont also reported growth in operating profit and annual earnings, supported by disciplined cost management and continued investment into craftsmanship, manufacturing capabilities, heritage preservation, and distribution expansion.

The results reinforce how established jewellery maisons continue to outperform within the luxury sector, as consumers increasingly gravitate towards heritage brands, exceptional craftsmanship, and high-value tangible luxury.

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