Richemont, the world’s third-largest luxury group and owner of leather goods brands such as Montblanc, Delvaux, and Serapian, and footwear brands such as Gianvito Rossi, excelled in the second quarter, confirming the luxury sector’s recovery.

In line with the positive signs already highlighted by the quarterly results of LVMH, Burberry, and Hermès, the Swiss group beat analysts’ expectations in the July-September period, notably recording a return to growth in the local Chinese market and a limited impact of US tariffs on earnings.