Results at a snapshot
Richemont Group sales was up six per cent from the previous financial year, and the jewellery maisons’ were up 6.9 per cent.
LVMH A very quick glance shows that its operating profit for 2015 was up by 13 per cent, and actual revenue up by a very healthy 18.9 per cent.
Swatch Group In the watch and jewellery segment, the Swatch Group registered a decrease of 11.3 per cent. However, it continued to see double digit growth in China and Southeast Asia.
Citychamp The Chinese-owned group which holds a number of Swiss and Chinese watch labels saw a sweet doubling of its aftertax profits in 2015, from the year before.