×
973
Fashion Jobs
AIRTEL
Territory Manager - Gulbarga
Permanent · Aland
MARTIN & HARRIS LABORATORIES LTD
Manager-Production
Permanent · Roorkee
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Khandala
Permanent · Lonavala
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Vadodara
Permanent · Vadodara
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bharuch
Permanent · Bharuch
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Nasik
Permanent · Nashik
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gangtok
Permanent · Gangtok
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gondal
Permanent · Gondal
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Rajsamand
Permanent · Rajsamand
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Patna
Permanent · Patna
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Kolhapur
Permanent · Kolhapur
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Vapi
Permanent · Vapi
PAPERGRID INDUSTRIES
Area Manager (Sales)
Permanent · Chennai
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bhavnagar
Permanent · Bhavnagar
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Osian
Permanent · Osian
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gaya
Permanent · Gaya
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Igatpuri
Permanent · Igatpuri
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Ramgarh
Permanent · Ramgarh Cantonment
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Puri
Permanent · Puri
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Kota
Permanent · Kota
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Veraval
Permanent · Veraval
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bhuj
Permanent · Bhuj
By
AFP
Published
Jul 16, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Richemont luxury sales surpass pre-pandemic levels

By
AFP
Published
Jul 16, 2021

Swiss luxury goods group Richemont, which owns the jeweller Cartier, said Friday that sales had climbed above their pre-pandemic level thanks to customers in Asia, the Americas and Middle East.


Photo: Cartier - Photo: Cartier



In its first quarter that ends on June 30, Richemont recorded sales equivalent to 4.3 billion euros ($5.0 billion), a leap of 121 percent from the same period in 2020, which was marked by the coronavirus pandemic.

But sales were also 18 percent higher than in the comparable period of 2019, a company statement said, and surpassed an average analyst forecast compiled by the Swiss agency AWP of 4.1 billion euros.

Particularly strong results were reported in the Asia-Pacific region, in the Americas and in the Middle East, notably in Dubai and Saudi Arabia where tourism provided an added boost, a statement said.

In Europe however, sales were 15 percent lower than in the group's first quarter in 2019, owing to a sharp downturn in tourism.

A breakdown by sector showed that jewellery sales led the advance, up by 43 percent compared with the first quarter of 2019, followed by watches.

Fashion sales declined meanwhile, in part owing to fewer travellers stopping at airport boutiques.

On Monday, Swiss watchmaker Swatch Group had reported a jump of 54.4 percent in 2021 first-half sales.
 

Copyright © 2022 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.