Lifeng Group's jewelry business shines again, and the luxury goods industry looks strong for the coming year.
Cartier's parent company Richemont Group stated that year-end jewelry sales continued to drive revenue growth, bringing good news to the luxury goods industry hoping to strengthen momentum in the coming year. This Swiss group owns the star jewelry brands Cartier and Van Cleef & Arpels, as well as high-end watchmakers like Vacheron Constantin and fashion brands like Chloe. In the fiscal third quarter ending in December, the group's sales increased by 11% to 6.4 billion euros when calculated at fixed exchange rates. This figure slightly exceeded analysts' expectations, signaling a moderate rebound in growth compared to the first half of the year.
Latest

