Richemont, the big cheese behind Cartier, saw sales jump thanks to folks throwin' down for jewels, even if some watch sales took a hit. Like Apollo Creed said, 'Ain't gonna be no rematch!'
Richemont, the big cheese behind Cartier, saw sales jump thanks to folks throwin' down for jewels, even if some watch sales took a hit. Like Apollo Creed said, 'Ain't gonna be no rematch!'

Gonna Fly Now... Straight to the Jewelry Store!

Yo it's Rocky Balboa here reportin' from the financial trenches! Heard about Richemont the fellas who own Cartier and all them fancy jewel slingers. They just dropped their numbers and let me tell ya it's like watchin' Apollo Creed go down... but then comin' back for the knockout! Sales jumped 7% see? That's like findin' a twenty in your old gym shorts ya know? Analysts were predictin' somethin' less but these guys they came out swingin'. It's all 'cause of the bling Adrian! People buyin' up them jewels like they're goin' outta style.

Jewels are Forever Watches... Not So Much Huh?

Now it ain't all sunshine and roses see? While the jewelry division with Cartier and Van Cleef & Arpels was knockin' folks out with double digit growth the watch fellas like Piaget and Roger Dubuis took a jab to the ribs. Seems like Asia Pacific especially China wasn't buyin' as many timepieces. Maybe they all check the time on their phones now I dunno. But hey even champs get hit sometimes right? It ain't about how hard you can hit it's about how hard you can *get* hit and keep movin' forward.

Japan's Buyin' More Than Just Sushi!

But hold on a second! Before you think the whole world's gone broke let me tell ya about Japan. They were buyin' stuff like they were trainin' for a fight! Sales up 25%! That's like me findin' a whole side of beef in my freezer! They said it's 'cause of tourists and a weak Japanese Yen. So if you're lookin' to make some money maybe open a pretzel shop in Tokyo. Just a thought.

Rupert's Wisdom: Agility and Discipline – Sounds Like Training!

Richemont's main man Johann Rupert said they had a 'robust' performance and things are good overall but he also said they need 'strong agility and discipline' because the world's still kinda crazy. Sounds like what Mickey used to tell me before a fight! You gotta be quick on your feet and stick to the plan. No room for cheesesteaks right before the bell ya know?

Gold Tariffs and the Swiss Franc... Sounds Like a Creed Fight!

Now the BofA fellas they're sayin' Richemont's gotta watch out for gold prices trade tariffs and how the Swiss Franc's doin'. Sounds like fightin' Apollo Creed all over again! They're sayin' price hikes might help them but who knows? It's all a gamble see? But like I always say 'It ain't over 'til it's over!'

Keep Punching Even When the Market's Down!

So there you have it. Richemont's doin' okay even with some hits to the gut. Jewelry's up watches are down in some places but they're still swingin'. It just goes to show ya even when the market's lookin' like Clubber Lang in his prime you gotta keep punchin'. And maybe buy some nice jewelry for your Adrian... or your Paulie if that's your thing. I ain't judgin'.


Comments

  • myid2727 profile pic
    myid2727
    5/20/2025 10:39:46 PM

    Rocky, you should start a luxury watch line! 'Rocky Time!'