Switzerland’s Richemont's 2025 sales hit $23.97 bn amid retail growth

May 31, 2025 - 07:00
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Switzerland’s Richemont's 2025 sales hit $23.97 bn amid retail growth
Richemont has reported sales of €21.4 billion (~$23.97 billion) in 2025, up 4 per cent YoY, with strong retail and direct-to-client growth offsetting Asia Pacific weakness. Operating profit fell 7 per cent to €4.47 billion, while net profit rose to €2.75 billion (~$3.08 billion). Key milestones included the YNAP sale, Vhernier acquisition, and brand expansions.

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