Month

January 2011

Showing: 1 - 6 of 16 Articles

Richmond’s $2.8 Billion Earnings Proves China’s Obsession With Luxury Brands

The writing was on the wall last year as Chinese luxury consumers were vastly purchasing luxury goods. But today when Swiss luxury goods maker Compagnie Financiere Richemont reported earnings with a 23% increase for the quarter ending in December for 2010, Chinese love of luxury brands became more relevant. No secret that Chinese heart Cartier …