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Feb. 9, 2026
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Apparel and accessories

Richemont posts double-digit growth led by US sales

July 15, 2022

Delvaux was acquired by Richemont in summer 2021. Image credit: Richemont

 

By Luxury Daily News Service

Luxury conglomerate Richemont has reported its net cash position for the quarter ending June 30, 2022 was $5.4 billion, a 20 percent increase compared to the same period in 2021.

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  1. Champagne Telmont earns Regenerative Organic certification
  2. Qatar Airways, Art Basel kick off partnership in Doha
  3. Aston Martin loops Breitling in as global watch partner
  4. The rising risk of ‘superfakes’ and strategies to protect luxury brands
  5. Versace hires Pieter Mulier as chief creative officer
  6. Italy’s Pratesi seeks return to old splendor as linens purveyor to the affluent
  7. Cartier expands Clash collection
  8. Louis Vuitton, De Bethune combine codes with collaborative chronograph, clock
  9. Estée Lauder Companies raises full-year outlook
  10. Top 10 luxury branding efforts of Q2
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