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Joining RJC Will Build Your Business in Major International Markets
Joining RJC Will Build Your Business in Major International Markets Hong Kong International Jewellery Show 7 March 2014 Agenda Welcome by · Benedict Sin, HKJJMA Chairman Opening by · James Courage, RJC Chairman and PGI Chief Executive Officer Speakers · Catherine Sproule, RJC Chief Executive Officer, Interim · Charles Chaussepied, Piaget Director of Corporate Affairs, Richemont CSR Committee member, Chair, RJC Accreditation/Training Committee · David Bouffard, Signet Jewelers Ltd. VP, Corporate Affairs, Co-Chair, RJC Standards Committee · Q&A Session Cocktail reception hosted by RJC www.responsiblejewellery.com Mission, vision values – re-launched in 2013 RJC Vision Our vision is a responsible world-wide supply chain that promotes trust in the global fine jewellery and watch industry. RJC Mission We strive to be the recognized standards and certification organization for supply chain integrity and sustainability in the global fine jewellery and watch industry. RJC Values We are respectful and fair. We practice honesty, integrity and accountability. We engage in open collaboration . www.responsiblejewellery.com … and growing Membership: • 460+ Members • US$40+ billion in annual relevant sales Accredited Auditor firms: • 12 firms • 6 firms with audit scope in Hong Kong and China Certification: • 327+ Certified Members – growing daily www.responsiblejewellery.com From mine to retail • Mine to retail initiative for the jewellery supply chain, covering diamonds, gold and platinum group metals • Averaging 20% pa growth in total Membership over -
View Annual Report
R CONTENTS ICHEMONT 1 Financial Highlights 2 Group Structure 3 Chairman’s Statement 4 Directors and Company Information 6 Chief Executive’s Review • 9 Brand Review 33 Financial Review A Quality is never NNUAL 49 Consolidated Financial Statements “ 73 Company Financial Statements 83 Principal Group Companies 84 Five Year Record R 88 Notice of Meeting EPORT AND an accident, it is “Quality is never an accident, it is A always the result of intelligent effort.” CCOUNTS always the result of John Ruskin (1819–1900) 2000 intelligent effort.” ISBN 3-9522050-0-1 Internet: www.richemont.com Annual Report and Accounts 2000 R CONTENTS ICHEMONT 1 Financial Highlights 2 Group Structure 3 Chairman’s Statement 4 Directors and Company Information 6 Chief Executive’s Review • 9 Brand Review 33 Financial Review A Quality is never NNUAL 49 Consolidated Financial Statements “ 73 Company Financial Statements 83 Principal Group Companies 84 Five Year Record R 88 Notice of Meeting EPORT AND an accident, it is “Quality is never an accident, it is A always the result of intelligent effort.” CCOUNTS always the result of John Ruskin (1819–1900) 2000 intelligent effort.” ISBN 3-9522050-0-1 Internet: www.richemont.com Annual Report and Accounts 2000 19894 Rmt R&A ’00 01-08 17/7/00 1:13 pm Page 1 1 Richemont is a Swiss luxury goods group managed with a view to the long-term development of successful international brands. In addition to its luxury goods businesses, Richemont also holds strategic investments in the tobacco industry and in direct retailing. All amounts -
Luxury China: Market Opportunities and Potential
ffirs.indd ii 5/24/10 8:56:40 PM luxury china market opportunities and potential ffirs.indd i 5/24/10 8:56:38 PM ffirs.indd ii 5/24/10 8:56:40 PM luxury china market opportunities and potential michel chevalier and pierre lu Foreword by Sidney Toledano President & CEO, Christian Dior Couture JOHN WILEY & SONS (ASIA) PTE. LTD. ffirs.indd iii 5/24/10 8:56:40 PM Copyright © 2010 John Wiley & Sons (Asia) Pte. Ltd. Published in 2010 by John Wiley & Sons (Asia) Pte. Ltd. 2 Clementi Loop, #02-01, Singapore 129809 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as expressly permitted by law, without either the prior written permission of the Publisher, or authorization through payment of the appropriate photocopy fee to the Copyright Clearance Center. Requests for permission should be addressed to the Publisher, John Wiley & Sons (Asia) Pte. Ltd., 2 Clementi Loop, #02-01, Singapore 129809, tel: 65-64632400, fax: 65-64646912, e-mail: [email protected]. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the Publisher is not engaged in rendering professional services. If professional advice or other expert assistance is required, the services of a competent professional person should be sought. The photographs in this book are sourced by Pierre Lu and Michel Chevalier and reproduced with permission. -
Interim Results Presentation
Interim Results FY09 September 08 1 This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control. Richemont does not undertake nor does it have any obligation to provide updates or to revise any forward- looking statements. Introduction Alan Grieve Results Richard Lepeu Maisons Sophie Cagnard Conclusion Richard Lepeu Financial Highlights Strong sales - driven by the + 10% / + 16% cc “high-end”, Asia-Pacific & Europe to € 2.8bn EBIT increase + 14% in € / + 36% cc Underlying operating margin + 80bps to 22.8% Higher net profit - parent & subsidiaries + 11% to € 543m Lower operating cash flow -16% to € 224m A Mixed Environment Swiss watch exports in value (Apr - Sept 08) with export prices: - Over CHF 6’000 + 26% pa (+31% mechanical/+6% quartz) - CHF 3’000 to 6’000 + 29% pa (+35% mechanical /-8% quartz) - CHF 1’500 to 3’000 - 11% pa (-11% mechanical /-10% quartz) - Overall growth + 14% pa Unfavourable currencies Rising precious material prices Group Results € m Sep 07 Sep 08 Sales 2 548 2 800 + 10 % Gross margin 1 655 1 790 + 8 % Selling and distribution expenses - 565 - 602 + 7 % Communication expenses - 282 - 290 + 3 % Administration expenses - 255 - 264 + 4 % Other income / (expenses) 7 5 Underlying operating -
Danziger Korean Oct302020.Pdf
Danziger, Danziger & Muro, LLP 댄지거, 댄지거 & 무로 법률사무소 로펌소개 댄지거 로펌은 전문적인 법률자문을 필요로 하는 고객들의 요구에 부응하기 위해 1989년 뉴 욕에서 설립되어 현재까지 최상의 법률서비스를 제공하고 있습니다. 댄지거 로펌의 주요 전문 영역은 일반 기업법과 미술법, 부동산법, 지적재산권법 그리고 고 용법입니다. 댄지거 로펌은 미국 기업뿐만 아니라 유럽의 세계적인 명품 브랜드, 아시아 기업, 국제적인 미술관련 회원들과 유명 아티스트들에게 풍부한 지식과 경험을 바탕으로 법률서비스를 제공 하고 있습니다. 댄지거 로펌 파트너 Charles T. Danziger Thomas C. Danziger Bradley J. Muro 소속 변호사들 Karen Hirshfield Danielle Gaier Yuh-kyoung (Kate) Rhie 댄지거 로펌 주요고객 Van Cleef & Arpels / 반클리프 & 아펠스, Cartier / 까르띠에, Piaget / 피아제, Montblanc / 몽블랑, Jaeger-LeCoultre / 예거 르 코쳐, Vancheron Constantin / 베쳐론 콘스탄틱, Shanghai Tang / 상하이 탱, Dunhill / 던힐 , Chopard / 쵸파드, Sooja Kim / 아티스트 김수자, Maya Lin / 아티스트 마야 린, Mariko Mori / 아티스트 마리코 모리, Fuji Television Network / 후지 방송사, Taisei Corporation / 다이세이 건설사, Issey Miyake / 패션 디자이너 이세이 미야케, Ito En / 이토 엔, Restaurant Daniel / 레스토랑 다니엘과 가맹점들, BLT Restaurant Group / BLT 레스토랑 그룹과 가맹점들, Roasting Plant / 로스팅 플랜트 , Midori Goto / 바이올리니스트 미도리 고토, Hidetoshi Nakata / 축구선수 히데토시 나카타 , Nagoya/Boston Museum of Fine Arts / 나고야 보스턴 미술관, 이사무 노구치, 히로시 수기모토, 마리코 모리 그리고 그 외 개인 콜렉터, 갤러리, 개인 미술품 딜러 및 비영리 기관 등. 변호사 소개 Charles T. Danziger 찰스 T. 댄지거 찰스 T. 댄지거는 Yale University에서 미술사를 전공 후 New York University 로스쿨을 졸업하 였다. 재학 중에는 Journal of International Law and Politics에서 에디터로 활동하였고 졸업 후 에 는 뉴욕의 로펌 Milbank, Tweed, Hadley & McCloy의 기업 뱅킹 부서에서 근무하였다. 그 후 일 본 최고의 로펌 중 하나인 Nagashima & Ohno in Tokyo와 뉴욕 현대 미술 박물관(The Museum of Modern Art)에서 법무자원의원을 역임하였다. -
Annual Report and Accounts 2010
Richemont Annual Report and Accounts 2010 Annual Report and Accounts 2010 www.richemont.com Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass several of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Alfred Dunhill and Montblanc. Each of the Group’s Maisons® represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. 2 Executive Chairman and 20 Other Businesses Chief Executive Officer’s review 21 Alfred Dunhill Johann Rupert’s review of the year 22 Chloé 23 Lancel 4 Business review 24 Shanghai Tang 4 Jewellery Maisons 25 Azzedine Alaïa 5 Cartier 26 Purdey 7 Van Cleef & Arpels 27 Financial review 8 Specialist Watchmakers A detailed commentary on the Group’s 9IWC financial performance 10 Jaeger-LeCoultre 35 Corporate responsibility 11 Piaget 12 Vacheron Constantin 36 Peace Parks Foundation 13 Officine Panerai 14 Baume & Mercier 38 Corporate governance 15 A. Lange & Söhne 42 Board of directors 16 Roger Dubuis 46 Group Management Committee 17 Ralph Lauren Watches 18 Writing Instrument Maison 53 Consolidated financial statements 19 Montblanc 108 Company financial statements 113 Five year record 115 Statutory information Designed and produced by Likemind www.likemind.com 116 Notice of meeting Printed in South Africa by Shumani Printers (Pty) Ltd. The cover stock of this report is Trucard Recycled Matt, made from 50% virgin fibre (100% ECF) and 50% recycled pulp from de-inked postconsumer waste and is FSC certified. The text paper in this report is Sappi Triple Green Silk. -
The Co-Creation and Circulation of Brands and Cultures
The Co-creation and Circulation of Brands and Cultures: Historical Chinese Culture, Global Fashion Systems, and the Development of Chinese Global Brands Submitted by Zhiyan, Wu to the University of Exeter as a thesis for the degree of Doctor of Philosophy in Management Studies in October 2010 This thesis is available for Library use on the understanding that it is copyright material and that no quotation from the thesis may be published without proper acknowledgement. I certify that all material in this thesis which is not my own work has been identified and that no material has previously been submitted and approved for the award of a degree by this or any other University. Signature: 吴志艳 1 Abstract This dissertation is a study of the possibilities and processes of constructing strong Chinese brands in the global marketplace. It investigates conceptual and strategic relationships between brands and cultures, focusing specifically on the issue of the unprivileged position of Chinese brands vis-à-vis that of other famous global counterparts. Accordingly, it deploys three illustrative cases from the Chinese context – Jay Chou (a successful Chinese music artist), the 2008 Beijing Olympics opening ceremony, and Shanghai Tang (a global Chinese fashion brand). In so doing, it moves away from the general trend to study the managerial aspects of Western brand building in Chinese contexts, and instead examines how Chinese brands express cultural aspects of their own well-known brand development models in the global marketplace. In short, this study uses a Chinese vantage to examine the emergence of cultural branding (using historical culture and global fashion systems to develop global brands), and its capacity to function as a useful complement to existing models of brand globalisation and global brand culture. -
Annual Report and Accounts 2019
Annual Report and Accounts 2019 WorldReginfo - 436350d3-514b-4a7e-9c6d-a196d5c5a58d Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass some of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC and Montblanc. Each of Our Maisons™ represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. 1 Financial and operating highlights 37 Peace Parks Foundation 2 Chairman’s review 38 Laureus 4 Business review 39 Michelangelo Foundation 4 Jewellery Maisons 5 Cartier 40 Board of Directors 6 Van Cleef & Arpels 7 Specialist Watchmakers 45 Corporate governance 8 A. Lange & Söhne 9 Baume & Mercier 10 IWC Schaffhausen 54 Compensation report 11 Jaeger-LeCoultre 12 Officine Panerai 67 Consolidated financial statements 13 Piaget 14 Roger Dubuis 15 Vacheron Constantin 138 Company financial statements 16 Online Distributors 17 Watchfinder 147 Five year record 18 YOOX NET-A-PORTER 19 Other 149 Statutory information 20 Alaïa 21 Chloé 150 Notice of meeting 22 Dunhill 23 Montblanc 24 Peter Millar 25 Purdey 26 Regional & Central Functions 29 Financial review 35 Corporate social responsibility Cautionary statement regarding forward-looking statements This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Words such as ‘may’, ‘should’, ‘estimate’, ‘project’, ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘potential’, ‘goal’, ‘strategy’, ‘target’, ‘will’, ‘seek’ and similar expressions may identify forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control. -
Annual Report and Accounts 2014
Richemont Annual 2014 Accounts and Report Richemont Annual Report and Accounts 2014 RIC05_005 | Richemont Annual Report 2014 | Sign-off proof 2 | 28/05/2014 Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass some of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Alfred Dunhill, Montblanc and Net-a-Porter. Each of Our Maisons™ represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. 1 Financial and operating highlights 30 Regional & Central Support 32 Financial review 2 Chairman’s review 38 Corporate social responsibility 4 Business review 4 Jewellery Maisons 39 Peace Parks Foundation 5 Cartier 7 Van Cleef & Arpels 40 Laureus 8 Specialist Watchmakers 41 Corporate governance 9 A. Lange & Söhne 45 Board of Directors 10 Baume & Mercier 52 Group Management Committee 11 IWC Schaffhausen 12 Jaeger-LeCoultre 61 Consolidated financial statements 13 Officine Panerai 14 Piaget 116 Company financial statements 15 Ralph Lauren Watch and Jewelry 16 Roger Dubuis 121 Five year record 17 Vacheron Constantin 18 Montblanc Maison 123 Statutory information 19 Montblanc 124 Notice of meeting 20 Other Businesses 21 Alaïa 22 Alfred Dunhill 23 Chloé 24 Giampiero Bodino 25 Lancel 26 Net-a-Porter 27 Peter Millar 28 Purdey 29 Shanghai Tang Cautionary statement regarding forward-looking statements This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Words such as ‘may’, ‘should’, ‘estimate’, ‘project’, ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘potential’, ‘goal’, ‘strategy’, ‘target’, ‘will’, ‘seek’ and similar expressions may identify forward-looking statements. -
A Study of Consumer Perception of a Chinese Luxury Fashion Apparel Brand in Sweden
A study of consumer perception of a Chinese luxury fashion apparel brand in Sweden By Annie Guu & Meiyuan Huang S124603 S124678 A Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master in Textile Management with Specialization Textile Value Chain Management At The Swedish School of Textile June 2014 Under the Supervision of Professor Håkan Torstensson Thesis number: 2014.16.09 Acknowledgement Time always passes fast, soon our two years post graduate study life is coming to an end, and a new chapter is opening to us. On the occasion of the completion of the master thesis, we would like to take this opportunity to express our gratitude and deep regards to all who helped us to carry out this research. This thesis would not have been possible without teachers' advice, classmates' help, friends' care and family support. First we want to thank The Swedish School of Textile for giving us the permission and opportunity to commence this study in the first place. We have to furthermore thank all the teachers of our program who gave us the specialized knowledge. We are deeply thankful to our supervisor Professor Håkan Torstensson. His patience, creative thinking and rigorous teaching attitude left us a deep impression. During the thesis supervision, Professor Håkan provided us numerous valuable suggestions and constant encouragement throughout the course of this thesis. Many thanks to our close friends for helping us gather participants for our online questionnaire. Also thanks to our classmates for the help of study and life. During these two years, we have established a deep friendship. -
Victoria Tang on Restoring Shanghai Tang
FASHION / FASHION FEATURES Victoria Tang on Restoring Shanghai Tang The creative director talks about where she's leading the brand and what her late father, David Tang, would say about Hong Kong's protests. By Bennett Marcus on December 9, 2019 ESSENTIALIST TODAY'S MUST READ Inditex Q3 Profit Rises As Company Bolsters Online Presence LATEST GALLERIES Victoria Tang Daniel Murray/WWD HONG KONG — Victoria Tang was just 10 years old when her father, the late Sir David Tang, launched Shanghai Tang, making the luxe Chinese label part and parcel of her childhood memories. The younger Tang often wore the clothing on important holidays, while her father, she recalled, wore it religiously. “He would come to pick us up from school in his Bentley, with a cigar, in his cheongsam,” she said, referring to the traditional Chinese garment and a signature item of the house. “And I would just think, ‘Wow, he really wants to stand out from the / crowd.’ I didn’t really understand why he was doing it, because back then you just wanted to blend in. Why can’t he just wear a suit like a normal person?” The brand was one of the first to recognize that the Chinese would become the force for luxury consumption that it is now. Initially, Shanghai Tang rose quickly — just four years after launch, it was sold to the Swiss luxury group Compagnie Financière Richemont. But while it was able to accurately predict the boom in Chinese appetite and taste for luxury, Shanghai Tang was never quite able to fully capture it. -
Annual Report and Accounts 2017
Annual Report and Accounts 2017 Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass some of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, and Montblanc. Each of Our Maisons™ represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. 1 Financial and operating highlights 36 Peace Parks Foundation 2 Chairman’s review 37 Laureus 4 Business review 38 Board of Directors 4 Jewellery Maisons 5 Cartier 43 Corporate governance 7 Van Cleef & Arpels 8 Specialist Watchmakers 51 Compensation report 9 A. Lange & Söhne 10 Baume & Mercier 11 IWC Schaffhausen 63 Consolidated financial statements 12 Jaeger-LeCoultre 13 Officine Panerai 124 Company financial statements 14 Piaget 15 Roger Dubuis 16 Vacheron Constantin 132 Five year record 17 Other Businesses 18 Alaïa 134 Statutory information 19 Alfred Dunhill 20 Chloé 135 Notice of meeting 21 Lancel 22 Montblanc 23 Peter Millar 24 Purdey 25 Shanghai Tang 26 Regional & Central Support 29 Financial review 34 Corporate social responsibility Cautionary statement regarding forward-looking statements This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Words such as ‘may’, ‘should’, ‘estimate’, ‘project’, ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘potential’, ‘goal’, ‘strategy’, ‘target’, ‘will’, ‘seek’ and similar expressions may identify forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control.