Concept Marketing Group Inc.

Close This Window

---

Free Do-It-Yourself Press Release Kit

---

Fill out the information below to receive our free e-book. We'll automatically redirect you to the download area.

First Name: * Last Name: * Company: Email: * Phone #: Are you interested in any of the following? Press Release Writing Services Press Release Distribution Services Notify me of special offers and promotions Subscribe me to the Getting Results newsletter

---

Close This Window

Franck Muller enjoys excelent 2002 results and 200

by: kolosteve on Date: Wed, 26 Sep 2012 Time: 1:33 AM

Franck Muller enjoys excellent 2002 results and 2003 prospects,Rado Integral
n
nWhile important luxury watch groups such as the Swatch Group and Richemont publish declining figures for their 2002 and half 2003 results, Franck Muller Watchland on the contrary enjoys an excellent progression, reports the company's latest media release.
n
nFranck Muller Watchland does not wish to publish its 2002 turnover, however in comparison to 2001 the increase in turnover is of + 54,05% with 48'678 watches sold (35'770 in 2001, which represents a + 36,09% increase in quantity), and an overall + 67,57% in the net profit.
n
nFranck Muller Watchland thus surpasses its most optimistic prospects, even compared to recent years which were already showing rising figures.
n
nIt may be that part of this success is due to the constant efforts of visibility made by the brand: flagship stores and new sales corners are opening worldwide, not to mention the brand's immediate response to consumers' requirements. Consequently men's watches featuring great complications and women's watches set with diamonds are trends to which Frank Muller products respond to promptly.
n
nThe launches of brands Pierre Kunz and the European Company Watch (ECW) have also been a success, contributing to the group's very good results.
n
nHalf-year 2003
nThe increase in turnover compared to the same 2002 period represents a + 15,54%, while the increase in net profit is of + 19, 27%.
n
nDespite strong inhibiting factors such as the SARS outbreak and a global economic slowdown, Frank Muller Watchland reports satisfactory figures for the first half year 2003. The launches of new models Tourbillon RÉvolution 2, Crazy Hours and of the Jewelry line is a sales support on the main markets where the brand is present.
n
nFinally, according to processed orders, Frank Muller Watchland foresees at least a 20% growth for the year 2003.
n
nContact: lmonney@franckmuller.ch
n(please credit Europa Star)
n
nSource: Franck Muller release
nAugust 2003

About the Author

Gucci G-Klasse

Comments