Baume & Mercier Archives - Inside Retail Asia
Swiss watch brand Baume & Mercier lands in Singapore and Malaysia today.
Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion.
Richemont Asia-Pacific sales soared 23 per cent in the five months to the end of August, with China and Hong Kong performing particularly well.
Richemont results released Friday in Europe showed group sales down 4 per cent, with watches down 15 per cent.
Luxury brands need to embrace new technologies, a Luxury Society event in Shanghai has been told.
Richemont Asia stores are set to be culled as the company reports sagging sales everywhere in the region except Mainland China.
Chinese jeweller and Swiss luxury goods giant set up JV.
Swiss luxury goods giant records less favorable figures in China.