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Tuesday, February 9, 2010

Swiss luxury goods group Richemont published

Independent Swiss watch manufacturer Girard-Perregaux (Girard-Perregaux) and Parmigiani (Parmigiani Fleurier) Tuesday told Reuters that the rich are likely to again this year, spending a huge sum to buy an expensive watch, so as to promote the sale of Swiss luxury watches.

Mark Lu, CEO of Girard Perregaux Faso (Luigi Macaluso), said in an interview expected to Girard-Perregaux watch this year's sales will grow by 5%, the company's 2009 sales declined slightly. Girard-Perregaux watches sell for up to 65 million Swiss francs (62.98 million).

Mark Lu Faso in Geneva, attending the International Watch Salon (SIHH), said: "China and Asia are driving demand for watches." He said that many Chinese people go to Japan, Europe and the United States will travel to buy watches.

Watch industry seems to be from 20 years of the most serious decline in the gradual recovery due to the buyer after several months of spending restraint after the re-luxury one.

Earlier this week, the Swiss luxury goods group Richemont (Richemont) published results revealed that the Group's sales during the Christmas performance of better than expected.

Wall Street executives have high dividends may also return to the Swiss replica watches watchmaking industry in the coming months to provide additional help, because they watch industry was on hand again, plenty of traditional customers.

Parmigiani christian Barbier, sales director, said in an interview: "I think we have already touched the lowest point. Clients are gradually accustomed to a more difficult environment to work ... ... it was time to start living again."