Richemont, the world?s second largest luxury goods company has reported a third quarter sales increase of 16%, but says that based on constant exchange rates its sales actually climbed by 13%.

Richemont owns 17 luxury goods brands including Cartier, Van Cleef & Arpels and Vacheron Constantin and pointed to good performances in all of its business areas.
‘All business areas performed strongly, benefiting from the generally favourable worldwide economic environment and strong demand for the Maisons products,’ Richemont said in a statement.
Richemont does not release quarter by quarter actual sales numbers, although sales in the first half of its financial year are said to have been in the region of E2bn.
In the third quarter Richemont said that sales in Asia and The Americas both turned in 26% increases, while sales in Japan rose by 14%.