Richemont UK, part of the luxury group controlled by South African businessman Johann Rupert, lifted sales to a record level in the latest financial year, helped by stronger demand for jewellery and watches sold through its retail and wholesale network.
Accounts filed for the year ended March 1, 2025 show revenue rose 5.3 to 277 million pounds 350 million. Gross profit climbed to just under 124 million pounds from 113.6 million a year earlier, while operating profit almost tripled to 32 million pounds. Net profit jumped to 21.67 million pounds from 8.7 million.
The figures cover a swath of Richemont brands in the United Kingdom, but they exclude some of its biggest names. Cartier and Watchfinder and Co. report separately, meaning the numbers offer only a partial snapshot of the groups presence in a key European luxury market.
