PPR moves more upscale

Article Abstract:

Fourth-quarter sales for French luxury retailer Pinault-Printemps-Redoute rose 15% to $8.62 bil, exceeding expectations during an economic downturn and credit market turmoil. PPR is strengthening the position of its Gucci Group brand, which reported sales growth of 5.2% during the same quarter.

Marketing procedures, Retail Trade, APPAREL AND OTHER TEXTILE PRODUCTS, Netherlands, Retail industry, France, Marketing, Clothing industry, Company marketing practices, Gucci Group N.V., Pinault-Printemps-Redoute, Financial report

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Richemont rides Chloe, Cartier to 17% sales gain

Article Abstract:

Richemont S.A. of Switzerland posted a 17 percent sales increase for 2005. Sales increased to 4.31 billion Euros ($5.35 billion) from 3.67 billion Euros last year. Revenues were driven by jewelry sales at Cartier and Van Cleef & Arpels.

Richemont S.A., Company overview

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Financiere Richemont AG

Article Abstract:

Financiere Richemont AG posted a decline of 22% in its profits for the fiscal year ending March 31, 2003. The company posted 642 million euros in profits for the year.

Finance, Clock and watch industry, Clock industry, Watch industry, Financiere Richemont A.G.

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