Tag Archives: full year 2013

Richemont FY jewellery sales "robust", growing 4%

Richemont FY jewellery sales "robust", growing 4%

Total Europe sales up 11%, with jewels offsetting weak fashion brands. Luxury goods group Richemont has announced its annual audited consolidated results for the year ended March 31 2014, with jewellery sales growing 4% to a total €5.43 billion (£4.43bn). The group, which owns a number of jewellery brands including Van Cleef & Arpels, Cartier,

De Beers operating profit up 112% to $1 billion

Customer demand and prices increase in 2013 with 31.2m carats mined. De Beers has announced its full-year results for 2013 through majority shareholder Anglo American, with increased production reflecting improved asset performance and customer demand, and higher prices realised for its stones. In total, De Beers generated an underlying operating profit of $1 billion (£598m)