Van Cleef & Arpels and Cartier high in sales

Luxury products boost Richemont's sales
Van Cleef & Arpels and Cartier high in sales

Cartier and Van Cleef & Arpels recorded a 12% growth in sales during the first quarter of 2007, with Europe and the Asia-Pacific being its strong markets. The sales from the two luxury jewellery brands, at constant exchange rate, accounted for 50% of Richemont – the group company’s luxury goods sales. Richemont’s jewellery sales are valued at $880 million (€638 million), a 6% increase.

The Japanese market's response to jewellery was not equally enthusiastic response for jewellery. Richemont has an overall sales growth of 9% valuing its luxury goods turnover at $1.747 billion (€1.268 billion)


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