8/17/2023 0 Comments Roger dubuis new yorkThey are usually placed by advertising networks with our permission. They are also used to limit the number of times you see an advertisement as well as help to evaluate the effectiveness of advertising and promotion. These cookies, including those from third parties, are aimed at creating profiles related to you and are used to deliver adverts more relevant to you and your interests in line with your preferences expressed while surfing the web. We use this information to help run our Platform more efficiently, to gather broad demographic information and to monitor the level of activity on our Platform. It includes the number of visitors to our Platform, the platforms that referred them to our Platform and the pages that they visited on our Platform. The information gathered does not identify any individual visitor and is aggregated. These cookies, including those from third parties, are used to collect information about how visitors use our Platform. For example, some of these cookies enable visitors to specify language, product or other platform preferences. Their overall purpose, however, is to enhance visitors’ experience and enjoyment of this Platform. These cookies serve a variety of purposes related to the presentation, performance and functionality of this Platform. Without these cookies, services you have asked for, like transactional pages and secure login accounts, would not be possible. These cookies are essential to provide you with services available through this Platform and to use some of its features, such as access to secure areas. "We need to make sure it works before we go to the next stage.Our Platform uses various types of cookies, each of which has a specific function. The New York store on Madison Avenue, its 25th global outlet, "is a testing ground for expansion in the US,'' Pontroue said. Earlier this year, it became an official timekeeper of the Major League Soccer.įor Roger Dubuis, which has only a small presence in the US, any sales growth there "won't offset the weakness in the core markets in Europe and China,'' Ortelli said. Tag Heuer has also intensified its sports-marketing efforts. "There's always a temptation to sell higher-ticket items but the company will "concentrate on the price range where we are strong," Muller said in an interview. It sees the US as a key market where more than 90% of customers spend from $1,000 to $5,000 on its timepieces, according to Kilian Muller, who runs the brand's North American operations. Tag Heuer, a watch brand owned by LVMH Moet Hennessy Louis Vuitton SE, also has suffered from China's economic slowdown. Roger Dubuis, whose brands include its best-selling Excalibur line, Velvet and Hommage, has been hurt by sales declines in Europe, Hong Kong and China, he said. Bernstein, estimated that Roger Dubuis has annual sales of €50 million ($56.7 million). Richemont doesn't break out sales or profit for its watch brands, which also include Cartier and Piaget. "That's where our growth will come from in this country," he said. While Chinese tourism has dropped, hurting sales, Pontroue said 70% of the brand's business in the US came from Americans. "Against that backdrop, building the luxury brand in the US is the division's major priority,'' Pontroue said in an interview in New York at the TimeCrafters trade show.Ībout 45% of Roger Dubuis's business comes from Chinese consumers, including tourists. Shipments to the US, the world's second-largest market for Swiss watches, dropped 33%, while they fell 38% in Hong Kong, the No. Swiss watch exports posted the biggest drop since 2009 in the first quarter, according to the Federation of the Swiss Watch Industry. The move comes at a difficult moment for the timepiece business. The 21-year-old brand, part of the Swiss Cie Financiere Richemont SA luxury-goods group, opened its first retail store in New York in November and is planning additional locations in major US cities such as Los Angeles and Miami, said chief executive officer Jean-Marc Pontroue. New York: Roger Dubuis, whose watches cost an average of $60,000, is shrugging off a slump in Swiss timepiece exports to the US by pushing ahead with a North American expansion. Jean-Marc Pontroue, CEO of Roger Dubuis, stands for a photograph at the TimeCrafters trade show in New York. (Bloomberg photo)
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |