Luxury group Richemont's sales boosted by its jewellery business

The jewellery and watch group posted a strong rise in turnover in the first quarter of the 2026/27 financial year, exceeding analysts’ expectations. Products from the jewellery houses Cartier and Van Cleef & Arpels continue to enjoy great popularity. Group turnover rose by 17% to €6.33 billion in the months from April to June compared with the same period last year, according to a statement issued on Wednesday. Adjusted for currency effects, Richemont would have seen growth of as much as 20%.…