Richemont Results for the six months

Richemont Group has summed up over the previous six months and provided the following data. Increased by 30% the level of watch sales of companies within the group of brands Richemont - it amounted to 1171 million euros. A Richemont income as a whole amounted to 4214 million euros.

As anticipated in the September report, sales of Richemont Group for the first half of the year are well above last year's figures in the same period. This is despite the fears of the problems in the budget deficit of the euro zone, which slowed down the business.

Growth of its sales has been demonstrated by jewelry companies of Richemont - 34%. However, we consider it figures relating to the wristwatch brands owned by Richemont. The most successfully wristwatches are sold in the Asian region. A particular success is enjoyed by brands such as Van Cleef and Arpels, Cartier, Montblanc.

In the short-term plans to develop Richemont strategies it is included the expanding of the watch and jewelery industry in Switzerland, the creation of approximately 2000 new jobs.

Swiss holding company Richemont Group was founded in 1988 by a talented businessman Johan Rupert. Today, Richemont Group is one of the few leaders on sales of precious items and watches and luxury. Every watch brand, which is part of the Richemont Group, is the epitome of loyalty to tradition and quality, as well as impeccable style. Today Richemont shares are highly rated on the stock exchange JSE Securities.