|
|
||||
|
||||
|
|
||||
|
Richemont on a rising trend The Richemont luxury goods group reported a 21% increase in sales in the third quarter (October-December) of the 2000-2001 financial year ending on 31 March. This result does not yet include the impact of the acquisition of the Manufactures Horlogeres Group (Jaeger-LeCoultre, IWC and A. Lange & Sohne). These companies will be consolidated in the accounts from 1 January 2001. For Group Chief Executive, Mr Johann Rupert, the forecast growth is in line with expectations. In the third quarter of the previous financial year, the rise was 28%, explained primarily by the millennium boom. Richemont reports sales up 20% in Europe, 25% in Asia and 17% in the United States. The jewellery and watchmaking segments made equal contributions to this rise. The upward trend has also been confirmed in the retail trade with “pleasing” results and also in the wholesale sector. visit www.richemont.com for more information
|
||||
|
||||
|
|
||||
