LONDON — Robust jewelry sales and stronger demand in Europe and Mainland China helped Compagnie Financière Richemont outstrip analysts’ projections and post a 5.7 percent uptick in third-quarter sales to 3.09 billion euros, or $3.34 billion.
Richemont, parent of Cartier, IWC and Dunhill, saw sales growth in all regions, with the exception of Europe, which was down 1 percent at actual rates, but up three percent at constant exchange rates. Figures are converted at average exchange rates for the three months to Dec. 31.
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Photographed by Kuba Dabrowski/WWD
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