Luxury giant Richemont hasn’t been performing badly in recent periods with its last set of annual results this spring being generally good and its Q1 numbers in July showing it making progress.

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But there have been negatives too and those Q1 figures saw fashion brand sales dipping 1%. So what about the latest set of results, the Q2 numbers that it released on Friday?

Well , the group hailed its “solid” results for the first half as a whole and said it saw “strong sales momentum” in Q2 specifically (the three months to the end of September).

Group sales for the half at €10.6 billion rose 10% at constant exchange rates (CER) or 5% at actual rates, and importantly, in Q2 they accelerated (CER) to +14%.

And it saw growth in operating profit to €2.358 billion, up by 7% a

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