According to land “The Age” (Le Temps) web site according that land luxury product cluster Richemont and therefore the world’s largest jewelery chain Chow Tai Fook recently reached Associate in Nursing agreement, the parties can establish a venture company funded.
According to the Richemont cluster insiders told the newspaper discovered that the venture are going to be chargeable for sales in People’s Republic of China Richemont’s Baume & Mercier Replica watches whole, the 2 sides can every hold a five hundredth equity interest within the new company.
The new company are going to be chargeable for up the Geneva watch whole in People’s Republic of China, the world’s second-largest luxury product market sales.
Reported that, in 2011 listed eighty years of history, the CTF can accelerate its cooperation as senior watch sales business development opportunities.
CTF presently agent of the many Swiss whole sales, together with Piaget Replica Watches, Cartier Replica Watches, Jaeger-LeCoultre Replica Watches because the Richemont cluster all the brands.
The report failed to disclose monetary details of the group action.