Richemont's Jewellery Maisons (Cartier, Van Cleef & Arpels, Buccellati) continue to outperform the luxury sector, capturing share as soft luxury (handbags) decelerates. The structural shift toward fine jewellery is a multi-year tailwind benefiting the dominant incumbent. Specialist Watchmakers segment remains pressured by Chinese demand softness. The YNAP (Yoox-Net-a-Porter) divestment to Mytheresa has finally closed, removing the e-commerce drag. Cash-rich balance sheet supports strategic optionality.
Thesis reviewed May 29, 2026
Compagnie Financiere Richemont SA is headquartered in Switzerland, which is currently showing moderate signals.
π¨πSwitzerland43NEUTRALView Switzerland risk detail βπConsumer29NEUTRAL| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| JD | JD.com Inc | 33 | +13% | β2% | EARLY |
| NIO | NIO Inc | 33 | -10% | β2% | AVOID |
| LI | Li Auto Inc | 33 | +7% | β2% | NEUTRAL |
| BTI | British American Tobacco PLC | 33 | +14% | β2% | EARLY |
| DEO | Diageo PLC | 33 | +8% | β2% | NEUTRAL |
| RACE | Ferrari NV | 33 | +17% | β2% | EARLY |
| TM | Toyota Motor Corporation | 33 | +12% | β2% | EARLY |
Investors who hold CFRUY may also have indirect exposure through these country funds.
Richemont Jewellery Maisons grow 10%+ even amid luxury slowdown
Specialist Watchmakers Q4 sales fall 15% on China Tier 1 weakness
Estimates Β· Yahoo Finance Β· Not audited figures