Jaeger le CoultreNews and articles about Jaeger le Coultre
JAEGER LE COULTRE NEWS
Profits at Swiss luxury goods group Richemont increased 43% last year, with jewellery sales soaring by 32% and watches by 31%.
The iconic Swiss watch brand will be sold at Laings’ recently refurbished store.
Sales at constant exchange rates increased by 24% at Swiss luxury goods group Richemont for the three months ended December 31, 2011, with watch and jewellery sales also showing growth.
Sales at Richemont for the five months ended August 31 2011 increased by 29% at actual exchange rates and by 35% at constant exchange rates.
Luxury goods group Richemont has reported a 33% increase in sales to €6,892 million (£6,123 million) and a 63% increase in operating profit to €1,355 million (£1,204 million) in its annual report and accounts for the year ended 31 March 2011.
Luxury goods group Richemont enjoyed double-digit growth in all of its business areas in Q3 but said it expects a “challenging” Q4 when it will face tougher prior-year comparatives and a stronger Swiss Franc squeezing its gross margin.
JAEGER LE COULTRE ARTICLES
As Salon QP returns for its fourth show, Retail Jeweller finds out which brands will be exhibiting this year, and why the thriving event is a must for everyone in the watch industry
Artists and brands are teaming up to produce desirable designs on timepieces with technical clout. Laura McCreddie looks at the latest partnerships in the world of watches
Sales of luxury products are soaring and consumers are increasingly happy to splash their cash online as brands begin to master premium web retailing
Pre-owned watches are flying out of retailers’ stores. Laura McCreddie looks at their appeal.
Christie’s head of watches Aurel Bacs gives his five rules for finding collectables, while three horological journalists pick the watches they think will be worth something in the future.
Leading watch journalist Ken Kessler gives you the lowdown on what to expect at this year’s BaselWorld, including the rebirth of the ultra-thins