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Richemont has impressive sales for first 5 months of fiscal 2011

  • forum 3 replies
  • last reply by MF 8 Sep 2011
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    Michael Friedberg
    Moderator 11468 posts
    8 Sep 2011, 5:49 a.m. 8 Sep 2011, 5:49 a.m.
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    As most know, IWC is a division of Richemont. While the numbers aren't broken down by company, the fiscal 2011 (April through August) numbers are very strong. To read the official Press Release, please go to
    www.richemont.com/files/press/press_release_11_09_07_pmmkjmr.pdf

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    Q La
    Connoisseur 112 posts
    8 Sep 2011, 6:13 a.m. 8 Sep 2011, 6:13 a.m.
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    Very impressive, hope this provides some drive for IWC to continue to impress us and continue many of its charitable endeavours. Glad to find my AT in a microscopic amount of ink on that figure...

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    Shing
    Master 2998 posts
    8 Sep 2011, 6:40 a.m. 8 Sep 2011, 6:40 a.m.
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    my congratulations. if it could be clarified, Michael can I ask if the usage of "retail vs. wholesale" here is taken to mean the "boutique vs. non-boutique/dealer" distribution channels?

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    Michael Friedberg
    Moderator 11468 posts
    8 Sep 2011, 8:01 p.m. 8 Sep 2011, 8:01 p.m.
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    shing has written:

    my congratulations. if it could be clarified, Michael can I ask if the usage of "retail vs. wholesale" here is taken to mean the "boutique vs. non-boutique/dealer" distribution channels?

    Shing, I'd guess so.

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