Sales Forecast: Richemont, the owner of luxury brands such as Cartier and Van Cleef & Arpels, is expected to report sales of 5.63 billion euros ($5.80 billion) for the quarter ending Dec. 31, according to estimates from 13 analysts compiled by Visible Alpha. This would mark a slight increase from the previous year’s sales of 5.59 billion euros.
The company’s shares have risen by more than 26% over the past year and have gained about 0.6% since the start of 2025.
Jewelry Resilience: Richemont’s strength is largely attributed to its jewelry brands, which remain popular among consumers. Jewelry is often viewed as a long-term investment, and analysts from Barclays, Carole Madjo and Wendy Liu, noted that this trend is expected to continue. They predict a 5% organic growth in the company’s core jewelry business for the third quarter. While trends in the U.S. may see slight acceleration due to the conclusion of election uncertainties, they also expect continued weak consumer sentiment in China, leading to double-digit declines in the Chinese market.
Despite a global slowdown in luxury demand, Richemont’s jewelry division has proven to be relatively resilient. The strong brand recognition of Cartier and Van Cleef & Arpels continues to drive growth, as highlighted by AlphaValue analyst Jie Zhang.
Challenges for Watch Division: However, Richemont’s watch division, which is heavily reliant on the Chinese market, is expected to face ongoing difficulties. The luxury watch sector has been hit hard by a slowdown in Chinese demand, as high-end consumers reduce their spending due to economic concerns. Barclays analysts pointed out that Swiss Watch Export data for China remains unstable, adding further uncertainty to the outlook for this segment.
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