Richemont reports strong Q1 trading performance

Richemont sales increased 129 percent to 4,397 million euros against 2020 and 22 percent versus 2019. The company said the increase in sales was led by the jewellery maisons and specialist watchmakers with growth of 142 percent and 143 percent to 2,515 million euros and 849 million euros, respectively. The other business area, mostly composed of fashion & accessories maisons, also performed strongly, recording 124 percent sales growth to 440 million euros.