Richemont, the Swiss luxurious group managed by South African billionaire Johann Rupert, reported gross sales of $20 billion for the 9 months ended December 31, 2025. The efficiency was pushed primarily by the jewellery phase, which remained the group’s largest and fastest-growing enterprise, alongside constant development throughout its retail community.
During the nine-month period, Richemont beneath Rupert posted nine-month gross sales of €17 billion ($20 billion) from €16.2 billion ($18.84 billion) the prior yr, a ten % enhance in gross sales at fixed change charges, and a 5 % rise at precise charges, highlighting robust demand for its high-value merchandise.
Its Jewellery Maisons remained the first development engine, producing €4.78 billion ($5.56 billion) in third-quarter gross sales alone, with double-digit development throughout the 9 months. Third-quarter gross sales reached €6.4 billion (7.44 billion), up 11 % at fixed change charges, reflecting continued power in Richemont’s most useful segments.
Jewellery leads Q3 development surge
Jewellery Maisons led the quarter, posting 14 % development at fixed change charges, with Cartier, Van Cleef & Arpels, Buccellati, and Vhernier contributing strongly. Specialist Watchmakers delivered regular enchancment, with a 7 % achieve, whereas Trend & Equipment Maisons grew modestly by 3 %. Different segments remained largely flat, impacted by forex headwinds and ongoing price pressures.
Retail remained the spine of Richemont’s income, accounting for roughly 72 % of gross sales, and rose 12 % at fixed charges to €4.6 billion ($5.35 billion) in Q3, supported by broad positive factors throughout Europe, the Americas, Japan, and the Center East. Wholesale and on-line retail expanded modestly, contributing to Richemont’s diversified channel technique.
Richemont strengthens $8.8 billion money reserves
All main areas recorded development at fixed change charges. The Americas (+14 %), Japan (+17 %), and the Center East & Africa (+20 %) posted notable double-digit positive factors, whereas Europe rose 8 % and Asia Pacific superior 6 % regardless of forex pressures; these outcomes underscore Richemont’s world resilience and model enchantment.
These robust outcomes left Richemont with a sturdy internet money place of €7.6 billion ($8.83 billion), thus positioning the group to proceed investing in Maison growth and strategic initiatives, even amid rising materials prices.
Rupert guides Richemont with heritage focus
Johann Rupert, who owns 10.18 % of Richemont however controls 51 % of voting rights, continues to emphasise the group’s concentrate on heritage manufacturers celebrated for craftsmanship and timeless design. His stake in Richemont cements his place amongst Africa’s billionaires.
The nine-month efficiency, pushed by robust Q3 momentum, demonstrates Richemont’s reliance on high-value jewellery, resilient retail channels, and a diversified world footprint beneath Rupert. Continued positive factors in key areas, mixed with regular watchmaker development, counsel a stable near the fiscal yr regardless of ongoing price and forex headwinds.
