Richemont, the renowned luxury group has announced its financial results for the first half that ended September 30, 2010. The Group has noted a 37 percent rise in total sales to $4.5 billion and 87 percent rise in profits to $883 million. Sales through the jewelry boutique also jumped by 32 percent to $2.2 billion. The period closed with operating margin at 33.4 percent from 28.6 percent of sales at jewelry maisons. %% High-end jewelry sales and ‘affordable’ jewellery received good response. Sales of watches, from Calibre de Cartier editions were high. Sales rose at Van Cleef & Arpels by double-digits. Of Richemont’s total sales, Europe accounted for 38 percent, Asia-Pacific - 36 percent, Americas – 15 percent, Japan – 10 percent. %% Sales in October 2010 saw a 36 percent rise over the same month last year, at actual exchange rates.