Cartier owner Richemont has proposed doubling its dividend to pre-pandemic levels after strong demand for jewellery helped lift net profit and contain the fall in sales in its fiscal year 2020/2021.

Luxury watch sales have been recovering from the severe slump of the pandemic and Richemont, the global No 2 in luxury goods, has fared better than rival Swatch Group thanks to its exposure to jewellery...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now