Richemont’s sales up 9% in five months

In the five months closing August 31, 2013, sales at Richemont rose 9 percent (on y-o-y basis), reports say. The sales performances across all its markets were ‘satisfactory’ for the company. The sales in Asia-Pacific region rose 4 percent, while in the Americas it was up 17 percent and in Japan it rose 17 percent, reports say.

The company’s jewellery unit saw sales rise 8 percent (on y-o-y basis), while sales at its watch segment rose 13 percent, reports say.