The new corporate identity and logo of the Gitanjali Group was unveiled by Bollywood superstar Katrina Kaif
Richemont has announced financial results for the year ended March 31, 2008, in which its overall group sales for the year rose by 10 percent to €5.301 billion ($8.46 billion). This increase was accounted across all its businesses including jewellery, watches, writing instruments, leather goods and accessories. %% Its jewellery division reported a 9 percent year-on-year increase in sales. The jewellery division made of Cartier and Van Cleef & Arpels, had a cumulative sale increase to €2.657 billion ($4.24 billion), or 43% of the group’s overall sales. At constant exchange rates, Cartier and Van Cleef & Arpels reported increase in sales in all regions, although Cartier was on a better scale. %% Richemont received good response for its sales in the Asia-Pacific region, particularly China and Hong Kong, a 3 percent increase in the US ($1.62 billion), and 12 percent in Europe ($3.66 billion).
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