Richemont

Richemont acknowledged the deceleration in the luxury market as the proprietor of Cartier jewelry disclosed a 1% decline in its fourth-quarter sales. The corporation, which additionally possesses prestigious Swiss watch labels like Piaget and Jaeger-LeCoultre, noted a...

What would motivate a top-tier Swiss luxury watch label to venture into the Indian market to market merely 5–6 timepieces annually, when they could effortlessly distribute their limited batch of 150–160 meticulously crafted pieces in regions...