×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Luxury goods group Richemont, which reported a double-digit increase in sales in the three months to December, is likely to maintain this growth momentum thanks to pent-up demand from high-end consumers and the opening up of international travel, analysts said this week.

Richemont, part of the Rupert family’s stable, said revenue rose 32% at constant currencies in the three months to December, driven by high-end luxury fashion from Alaïa, Peter Millar and Chloe. Sales grew across all regions, channels and business areas, and exceeded pre-Covid levels. ..

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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now