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Richemont sales jump by a third in Christmas quarter -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: A Cartier boutique on Place Vendome is filled with high-end jewels, Paris, France. July 2, 2019. REUTERS/Regis Duvignau/File Photo

ZURICH, (Reuters) – Cartier’s Richemont reported Wednesday that the strong demand for watches and jewellery in Europe and Americas helped to drive constant currency sales up 32% over the three-month period ending Dec. 31, according to Richemont.

The luxury goods company said that sales rose 38% to 6.41 billion euro ($5.658 billion) during the third quarter. This is 38% more than the 2018 Christmas quarter.

($1 = 0.8828 euros)

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