Swiss luxury group Richemont reported strong growth in its jewelry division for the fourth quarter of fiscal 2026. Sales across the group rose 13 percent at constant exchange rates for the three months ended March 31.
The jewelry business, which includes Cartier, Van Cleef & Arpels and Buccellati, grew 16 percent, exceeding analyst expectations of 11 percent. Specialist watchmakers rose 2 percent while other businesses increased 7 percent. Full-year sales reached €22.4 billion, up 11 percent from the prior year, with a net cash position of €8.5 billion.