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- 🚨 Gate Alpha Ambassador Recruitment is Now Open!
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
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- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
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Committed to transparency and user fund security.
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Jewelry demand increases, luxury goods company Richemont's sales exceed expectations.
Jin10 Data, July 16 - Swiss luxury goods company Richemont reported better-than-expected sales as affluent consumers snapped up Cartier rings and bracelets, despite a generally sluggish luxury market. At constant Exchange Rates, sales in the group’s largest jewelry division rose 11% in the quarter ending in June. Analysts had predicted a rise of 8.6%. Overall, sales rose 6%, exceeding expectations. Vontobel analyst Jean-Philippe Bertschy stated, "Richemont's performance is reassuring, especially compared to other luxury goods companies." "The company's dominance and strong growth in the jewelry sector remain impressive."