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    • Annual Sales Growth

    Richemont Sales Rise, Jewelry Shines, Watches Lag

    Richemont Sales Rise, Jewelry Shines, Watches Lag

    Richemont's sales increased 4% to EUR21.4B, driven by strong jewelry sales offsetting a decline in watches. Price hikes will be moderate. Asia-Pacific decreased 7%, but Japan, the Americas, the Middle East and Europe led growth.

    NRF expects ‘slower trajectory for consumer spending’ in 2025 as tariffs fuel uncertainty, inflation fears

    NRF expects ‘slower trajectory for consumer spending’ in 2025 as tariffs fuel uncertainty, inflation fears

    Sarah Wells, founder and CEO of a company selling bags and apparel for new mothers, said during the event that the uncertainty spurred by tariffs represents “the biggest challenge that my small business faces this year.”