- Luxury Daily - https://www.luxurydaily.com -

Richemont posts double-digit growth led by US sales

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

 

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.