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Retail

Richemont quarterly sales down 47pc over pandemic shutdowns, but ecommerce growth is strong

July 17, 2020

Richemont-owned Cartier recently launched its Surnaturel high jewelry collection Richemont-owned Cartier recently launched its Surnaturel high jewelry collection

 

By Luxury Daily News Service

As expected with the COVID-19 fallout, Cartier parent Richemont reported sales for the Swiss conglomerate’s fiscal first-quarter were down 47 percent compared to the year-ago period.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
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  5. Lamborghini heads to French Alps for women-led driving series
  6. Ennismore picks Bangkok site for first-in-region SLS Residences
  7. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  8. Follow @LuxuryDaily for the latest in luxury news
  9. Off the Cuff: Getting to know luxury's top-tier talent in 2025
  10. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
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