Richemont’s Half-Year Sales Up 29%, led by Asian Demand and Jewelry and Watch Sales

Luxury goods conglomerate, Cie. Financiere Richemont SA, said Friday that sales for the six-month period, ended September 30, increased by 29 percent to 4.2 billion euros ($4.68 billion), year-over-year. At constant exchange rates (stripping out the effects of currency exchange rates), the increase was 36 percent.The Swiss company reported solid growth across all segments, regions and channels.

Richemont’s Half-Year Sales Up 29%, led by Asian Demand and Jewelry and Watch Sales

Luxury goods conglomerate, Cie. Financiere Richemont SA, said Friday that sales for the six-month period, ended September 30, increased by 29 percent to 4.2 billion euros ($4.68 billion), year-over-year. At constant exchange rates (stripping out the effects of currency exchange rates), the increase was 36 percent.The Swiss company reported solid growth across all segments, regions and channels.

Richemont Reports Record Jewelry and Watch Sales

Cie. Financiere Richemont SA reported Thursday that sales for its fiscal year increased 33 percent to nearly 6.9 billion euros ($9.84 billion). Operating profit for the year, ended March 31, increased 63 percent to 1.35 billion euros. ($1.92 billion).

The Geneva-based luxury goods company reported strong sales across all segments and regions. Among the big winners for the year were jewelry and

Richemont Reports Record Jewelry and Watch Sales

Cie. Financiere Richemont SA reported Thursday that sales for its fiscal year increased 33 percent to nearly 6.9 billion euros ($9.84 billion). Operating profit for the year, ended March 31, increased 63 percent to 1.35 billion euros. ($1.92 billion).

The Geneva-based luxury goods company reported strong sales across all segments and regions. Among the big winners for the year were jewelry and

Rare Clocks, a Reverso Anniversary Sale and Fine Watches at Antiquorum Geneva Auction

A Breguet silver carriage clock with 10 complications once owned by the Marquise de Béthisy is one of the top items on the block at the Antiquorum Geneva sale of “Important Modern and Vintage Timepieces,” to be held on May 15.

Breguet introduced his silver humpback carriage clocks—of which only a few were made—circa 1812. The present clock is the most complicated of the eleven Breguet humpback

Rare Clocks, a Reverso Anniversary Sale and Fine Watches at Antiquorum Geneva Auction

A Breguet silver carriage clock with 10 complications once owned by the Marquise de Béthisy is one of the top items on the block at the Antiquorum Geneva sale of “Important Modern and Vintage Timepieces,” to be held on May 15.

Breguet introduced his silver humpback carriage clocks—of which only a few were made—circa 1812. The present clock is the most complicated of the eleven Breguet humpback

Rare Patek Watch Sells for $710,500 at Antiquorum Auction in New York

Patek Philippe Ref.2419 retailed by Cartier sold for $710,500 at Antiquorum auction.

The only known Patek Philippe minute repeating wristwatch ref. 2419 sold for $710,500 (including buyer's premium) to a person from China in competitive bidding during Antiquorum’s Important Modern & Vintage Timepieces Thursday in New York. Made in 1946 and sold on April 21, 1950, by Cartier, the 18k gold,

Rare Patek Watch Sells for $710,500 at Antiquorum Auction in New York

Patek Philippe Ref.2419 retailed by Cartier sold for $710,500 at Antiquorum auction.

The only known Patek Philippe minute repeating wristwatch ref. 2419 sold for $710,500 (including buyer's premium) to a person from China in competitive bidding during Antiquorum’s Important Modern & Vintage Timepieces Thursday in New York. Made in 1946 and sold on April 21, 1950, by Cartier, the 18k gold,

Richemont 3Q Jewelry Sales Up 20% and Watch Sales Up 21%

Cie. Financiere Richemont SA said Monday that third-quarter revenue rose 33 percent to 2.1 billion euro ($2.8 billion), led by the acquisition of online fashion retailer Net-a-Porter.com. At constant exchange rates (when currency shifts are removed) revenue grew 23 percent.By category, the Swiss company’s jewelry business (made up of Cartier, Van Cleef & Arpels), increased by 20 percent at

Richemont 3Q Jewelry Sales Up 20% and Watch Sales Up 21%

Cie. Financiere Richemont SA said Monday that third-quarter revenue rose 33 percent to 2.1 billion euro ($2.8 billion), led by the acquisition of online fashion retailer Net-a-Porter.com. At constant exchange rates (when currency shifts are removed) revenue grew 23 percent.By category, the Swiss company’s jewelry business (made up of Cartier, Van Cleef & Arpels), increased by 20 percent at