WATCHES & JEWELRY ACCELERATION DRIVEN BY GROWING SUCCESS OF ICONIC LINES
Tiffany & Co.
Revenue €5,225m +9% vs H1 2025(1)
Profit from recurring operations €831m +9% vs H1 2025
Operating margin 15.9%
(1) With comparable structure and constant exchange rates.
Tiffany & Co.
The Watches & Jewelry business group recorded organic revenue growth of 11% in the second quarter, marking an acceleration. The operating margin was up over the half-year period.
Tiffany & Co. achieved an excellent performance and continued to successfully strengthen its iconic product lines – Knot and HardWear in particular – and to renovate its store network. Natalie Portman became the Maison’s new brand ambassador. Bvlgari also achieved strong growth and unveiled a new artistic vision for high jewelry and prestige watches with Eclettica, which generated record-breaking revenue. The Serpenti collection was showcased in a new communication campaign. Chaumet continued to develop its Bee de Chaumet collection. In watches, TAG Heuer continued to enjoy a high-profile presence at Formula 1 Grand Prix races.