Richemont Asia Pacific Ltd in Luxury Goods (Hong Kong, China)
Richemont Asia Pacific Ltd strives to maintain the recognition of its image as the “King of Jewellers, Jeweller of Kings” in the Chinese market. Facing a softening economic situation in Hong Kong, China and mainland China, the company also slowed down its expansion plans for Cartier boutiques as the brand has a mature presence in the region. Instead it focused on the operations of its existing retail presence and raised its prices by 6-10% so as to preserve its exclusivity.
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Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Fine Wines/Champagne and Spirits, Luxury Accessories, Luxury Electronic Gadgets, Luxury Jewellery and Timepieces, Luxury Travel Goods, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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