Piaget

Retail Asia16/04/2021

Piaget, the luxury watch brand from Switzerland, will be opening more stores in 2021, especially in the Middle East and China, Chief Executive Chabi Nouri has told Reuters. “We’ll open more stores this year. We’ll reopen a flagship store in Beverly Hills and also have projects in the Middle East and China,” Nouri noted in […]

Retail Asia17/01/2019

Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion. It was largely down to the inclusion of online acquisitions Yoox-Net-A-Porter (YNAP) and Watchfinder, which were consolidated into the group’s accounts on May 1 and June 1, respectively. But even excluding that, the sales growth was still strong at 5 per cent […]

Retail Asia31/12/2018

Global luxury group Richemont has joined the Alibaba Anti-Counterfeiting Alliance, a partnership between the e-commerce giant and brands that works to protect intellectual property rights on Alibaba’s platforms. Geneva, Switzerland-based Richemont is now among the 115 members from 16 countries and regions that are a part of the IP alliance, as well as the latest from the luxury […]

Retail Asia26/06/2018

A staff member at the Piaget boutique in Hyundai Department Store’s World Trade Center location introduces the 1.1 billion won ($985,340) Limelight Stella watch from the brand’s Exceptional Pieces collection. The watch’s dial and bracelet are encrusted with 577 diamonds with a total of 42.17 carats. Only one of this particular model was brought to […]

Retail Asia22/05/2018

Double-digit growth in Mainland China, Hong Kong, Korea and Macau have helped boost sales for Swiss luxury goods group Richemont. Results for the year to the end of March show Richmont sales grew by 3 per cent at actual rates and by 8 per cent at constant rates to €10.9 billion (US$12.8 billion). Richemont’s brands […]

Retail Asia15/11/2017

Asia Pacific sales accounted for 39 per cent of group sales for Swiss luxury-goods holding company Richemont for its half-year to September 30. Sales in Asia Pacific rose by by 25 per cent, with double-digit growth in most markets led by Mainland China, Hong Kong, Korea and Macau. While all product categories saw growth, the […]

Retail Asia28/05/2016

Feeling the pinch from a tough trading environment, luxury goods retailer Richemont has announced restructuring measures, including the closure of stores. Richemont Asia sales have declined despite a 26 per cent increase in sales in Mainland China. Global sales fell 18 per cent in April, and the company reported a 23 per cent drop in […]

Retail Asia18/03/2016

In a first for the market, a TimeVallee Watch Boutique has opened inside Japan Duty Free Ginza on the eighth floor of Mitsukoshi Ginza Store in Tokyo. It is based on the concept of offering multiple international luxury-watch brands, and is the first such boutique within a Japanese duty-free shop. With its gold-toned interior, the […]

Retail Asia27/01/2016

With sales slipping in the industry’s largest market, the annual Watches & Wonders exhibition in Hong Kong may be cut back to every two years. High-end watchmakers are looking at a shift in strategy in Hong Kong in the face of the most severe downturn the industry has faced since the 2008-09 financial crisis, reports […]

Retail Asia24/08/2015

Studio City and Taubman Asia, have revealed the lineup of fashion brands that will open inside The Boulevard at Studio City. A mix of fashion-forward labels and internationally-renowned luxury brands include Macau’s first Balmain, Macau’s first Belstaff, and Tom Ford’s largest store in Asia, amongst many others. The selection was assembled by Taubman Asia and […]

Tag: Piaget

Piaget to expand store network across China

Richemont Group sales soars after YNAP acquisitions

Richemont joins Alibaba’s IP alliance on brand protection

One and only Limelight Stella watch

Asia helps boost Richemont sales

Richemont’s half-year is good in APAC

Richemont Asia stores set for cull

TimeVallee Watch Boutique goes duty free

Tight market hits Watches & Wonders

Studio City retail tenants revealed