Vhernier/Richemont On September 13, the Swiss luxury gr […]

BVLGARI BVLGARI, the Italian luxury jewelry brand under […]

The jewelry and watch businesses of Buccellati, Cartier, and Van Cleef & Arpels all saw growth, driving a 4% year-on-year increase in sales for the jewelry segment.

With a series of actions, Richemont Group has become one of the most active luxury giants recently.

From Joining Richemont Group in 1992, Initially Working at the Cartier Foundation for Contemporary Art, to 24 Years at Van Cleef & Arpels, Nicolas Bos Seeks “Balance” in “Contradictions”: Balancing Business and Art, Tradition and Innovation, Commerce and Creativity.

The total sales of the jewelry brand divisions, including Buccellati, Cartier, and Van Cleef & Arpels, increased by 6%, surpassing the €14 billion mark.

In the last fiscal quarter, sales contributed by Chinese consumers (both domestically and overseas) increased by 42% year-over-year.

Benefiting from a 25% year-over-year increase in sales in Mainland China, Hong Kong, and Macau, the Asia-Pacific market recorded a 13% growth in sales.

The demand in the Chinese luxury goods market is recovering, but the pace of recovery may not be as fast as anticipated.

The CIIE booths of luxury brands have evolved from platforms for product display to platforms for cultural exchange.