Richemont Q3 Sales Rise 11% to €6.4 Billion on Jewelry Growth

Richemont reported third-quarter sales reached 6.4 billion euros after an 11 percent increase driven by strong jewelry performance.Brands Cartier and Van Cleef & Arpels recorded a 14 percent jump as the company exceeded analyst estimates across major markets.Regional growth was highest in the Middle East at 20 percent, while the USA and Japan also showed robust demand during the holiday season.