Richemont's Vault of Galleons Overflowing! Even China Can't Stop the Luxury Train

Another Fine Mess eh?

Right then gather 'round you lot! Seems like even with all the doom and gloom floating about like dementors after a sugar rush some folks are still splashing the galleons. Richemont the blokes who own Cartier – you know the ones with the shiny things that cost more than a Firebolt – have had a cracking good quarter. Sales up 7%! Makes you wonder if they've been using Felix Felicis doesn't it?

China's Purse Strings Tighten (A Bit)

Now here's a funny thing. While most of the world is throwing money at them like bludgers at a Quidditch match China's decided to hold back a bit. Sales there are down 23%. Maybe they've finally realized they can't buy happiness or perhaps they are investing in magical defenses. One can only hope. It's a bit like when Ron tried to fix his wand with Spellotape – things are bound to backfire eventually.

Japan's Galleons Flow Like Butterbeer

Fear not because where China lacks Japan more than makes up for it! Sales there are up 25%! Blimey! Apparently all that tourist money and a weak Yen (no idea what that is sounds like a type of Muggle disease) has turned the place into a goldmine. Makes you wonder if they're selling solid gold Snitches now. Don't tell Draco he would throw a right fit.

The YOY Numbers Don't Lie

The yearly sales numbers are still climbing faster than Neville on a stair case. It's all a bit of a head scratcher really. You'd think with all the talk of economic this and that people would be tightening their belts tighter than Snape's glare. But no they're still queuing up for diamond studded… well whatever it is Cartier sells. Do they have a time turner? Because I need one!

January's Record Sales An Omen?

They had their 'highest ever' sales in January which some thought meant things were finally going to turn around. But with the threat of trade wars looming like Voldemort at a tea party it's all a bit shaky. Still if nothing else it proves that some people have got more money than sense. Must be nice not having to worry about finding a spare sickle for a Butterbeer.

Stay Tuned Witches and Wizards!

So there you have it. Richemont is laughing all the way to the bank. What happens next? Your guess is as good as mine. But I will stay on this for you so you don't have to read the Daily Prophet. Keep your wands at the ready because it is always 'constant vigilance' in the wizarding world.