Brand: Richemont

Richemont Post Strong Growth in Watch Industry

Richemont Post Strong Growth in Watch Industry

Luxury conglomerate Richemont has released its annual financial report and news from its brands, including Jaeger-LeCoultre, Lange & Söhne, IWC, Piaget, Van Cleef & Arpels, Roger Dubuis and Vacheron Constantin… READ MORE

Richemont’s Watch Brands Increase Sales by 18 %

Richemont’s Watch Brands Increase Sales by 18 %

This week luxury conglomerate Richemont posted their year-end financial results showing that the group’s watchmaking division is stronger than ever. The specialist watchmakers’ division posted an 18% increase in sales, reflecting growing worldwide interest in haute horlogerie. The Compagnie Financière Richemont SA owns several luxury watch manufactures, including Vacheron Constantin, Baume & Mercier, Jaeger-LeCoultre, Lange & Söhne, Cartier, Officine Panerai, IWC, Piaget, Van Cleef & Arpels, Montblanc and Roger Dubuis. Overall, the brands brought in €2,752,000 (US$3,527,513) in the year ending March 31, 2013. That number is up from €2,323,000 ($2,977,621) the year before. Sales in the Asia Pacific region READ MORE

Luxury Watch Trends 2016 - Baselworld SIHH Watch News

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