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Swatch announces Double Digit increase in Sales, Profit in H1; LVMH Watch and Jewelry Sales percent in 1H 2011; Bulgari posts 24 percent increase in 1H sales

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WEEKLY BUSINESS NEWS ON THE JEWELLERY & WATCH WORLD IN THE MIDDLE EAST


MARKET NEWS


	Swatch announces Double Digit increase in Sales, Profit in H1 The Swatch Group reported record of double digit increase with gross sales of CHF 3.36 billion ($4.1 billion) in the first half of 2011. Watch and jewelry sales soared despite production bottlenecks. Read More...



	LVMH Watch and Jewelry Sales percent in 1H 2011 LVMH reported that sales for the watches and jewelry segment improved 30 percent year on year to $835 million (EUR 576 million), during the first half of fiscal 2011. Read More...



	Bulgari posts 24 percent increase in 1H sales The Bulgari Group saw 24 percent sales increase in the first half of the year, including significant gains in watches and jewelry. Read More...



	Damas posts AED 53 million net profit Damas International Limited has announced a net profit of AED 53.3 million for the financial year ended 31 March 2011. Read More...


COMPANY NEWS


	Mouawad displays exclusive collection at Rolls-Royce Showroom in Abu Dhabi Mouawad has partnered with Abu Dhabi Motors, the authorized dealer of Rolls-Royce Motor Cars to present a collection that boasts the best in Rolls-Royce Motor Cars and Mouawad superb treasures during the holy month of Ramadan. Read More...



	Montblanc creates a one-of-a-kind Writing Instrument for Monaco Royal Wedding In celebration of the wedding of H.S.H. Prince Albert II of Monaco to Charlene Wittstock on July 1st 2011, Montblanc has created a one-of-a-kind writing instrument Read More...



	Michael Phelps visits OMEGA during the World Championships in Shanghai During the FINA World Championships in Shanghai, Legendary Olympian and OMEGA brand Ambassador Michael Phelps took some time to see his friends at OMEGA before he starts his final preparations for the competition. Read More...



	Hublot reveal the new King Power Dwyane Wade For the first time in his career, NBA Champion, NBA Finals MVP, Olympic Gold Medalist and seven-time NBA All-Star Dwyane Wade comes to China to the Forbidden City in Beijing to meet âThe One Million RMB Basketball Charity Challengeâ. Read More...



	Michele Sofisti appointed CEO of Sowind Group PPR has recently announced the appointment of Michele Sofisti as CEO of Sowind Group. Read More...



	Blancpain Endurance Series â Total 24 Hours of Spa The typically Spa weather produced one of the most exciting ends to a qualifying session at the Blancpain Endurance Seriesâ - Total 24 Hours of Spa for many as times tumbled as the track dried. Read More...



	Piaget announces a new partnership with the Santa Barbara Polo & Racquet Club Piaget is expanding its support of polo in the United States by becoming a sponsor of the Santa Barbara Polo & Racquet Club. Read More...



	VCA inaugurates its new Boutique with Princess Charlene & Prince Albert de Monaco Van Cleef & Arpels has created a limited edition of 15 sets of jewels for the charities of H.S.H. Princess Charlene of Monaco. Read More...



	TAG Heuer celebrates its First Year Anniversary of Beirut Boutique Swiss luxury brand TAG Heuer celebrated the first year anniversary of their Beirut boutique on July 14th 2011. Read More...



	Montegrappa supports Swiss Red Cross Montegrappa is proud to be partner of the Swiss Red Cross Gala in Zurich, Switzerland, that took place on 3 September 2011. Read More...


PRODUCT LAUNCH


	Chopard unveils a stunning Haute Joaillerie set Comprised of a variation of shaped diamonds and heart-cut sapphires, this dazzling five-row necklace is entirely in line with the tradition of exceptional, sophisticated and refined Haute Joaillerie creations cultivated by Chopard. Read More...



	A. Lange & Sohne launches the Richard Lange Tourbillon âPour le Meriteâ This year, the Richard Lange Tourbillon âPour le Meriteâ joins its preÂ¬decessors - the Lange Tourbillon âPour le Meriteâ (1994), the Tourbograph âPour le Meriteâ (2005) and the Richard Lange âPour le Meriteâ (2009). Read More...



	BLACKSAND introduces the latest model of Uniformity Collection BLACKSAND has presented the first real picture of the BLACKSAND Uniformity model in Grade 5 satin-finished titanium and mat ceramic. Read More...



	The Cote d'Azur revisited: a luxurious summer trip with Schoeffel Happy Blue is Schoeffelâs homage to the magical flair of the Cote dâAzur: an individually designed ring with a spellbinding fascination. Read More...



	Glam Rock SoBe in Oprah Magazine September issue Glam Rock SoBe watch is listed among Oprah's favorite items featured in the coveted O List section in Oprah Magazine September issue. Read More...


EVENTS & EXHIBITIONS


	Hong Kong Watch & Clock Fair 2011 This year, the world's largest timepiece event, the Hong Kong Watch and Clock Fair will take place on September 7 to 11, 2011 at the Hong Kong Read More...



	Jewelex Arabia 2011 attracts interest from international exhibitors The first edition of Saudi Arabiaâs International Fine Jewellery and Luxury Watch Exhibition - Jewelex Arabia 2011, set to take place in Riyadh from 2 to 6 December Read More...



	2nd Edition of India International Jewellery Week (IIJW 2011) The India International Jewellery (IIJW) Week, organized by the Gem and Jewellery Promotion Council (GJEPC) was inaugurated on 31 July 2011 Read More...



	International Jewellery London to present the latest trends and designs International Jewellery London is an exciting event this year, as there is so much which is new â new exhibitors, new product areas, new trends and new show features Read More...



	Istanbul Jewelry Show 2011 The 33rd Istanbul International Jewelry, Watch & Equipment Fair to be held on 13 â 16 October 2011 at Istanbul Fair Center (CNR Expo) Read More...



	Malaysia International Jewellery Fair (MIJF) 2011 Malaysia International Jewellery Fair (MIJF), the largest international jewellery fair in Malaysia was once again deemed a roaring success. Read More...


CALENDAR OF EVENTS


Cartier Diamond & Bridal Exhibition â Discover the Infinite Facets of Diamonds at Grand Atrium, The Dubai Mall	05-Sep-2011



Liz Taylor Jewellery collection to be on display in Dubai at Jumeirah Emirates Towers	23-Oct-2011



LEVIEV Extraordinary Diamonds â Fifth Anniversary Celebration at GF 187, the Dubai Mall, UAE from November and December 2011	01-Nov-2011

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