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Wednesday, September 8, 2010

Frédérique Constant Sales Up 38%


Luxury Swiss watch brand Frédérique Constant said Wednesday that it has experienced a 38 percent growth in sales, year-over-year, for the six months of 2010. In addition, sales in the first six months of 2010 were 15 percent higher than in the first half of 2008.

“We have seen a significant increase in activity across all of our regions in the first half of 2010,” said Peter Stas, Frederique Constant, founder and CEO. “Russia and Japan returned to sales growth. Strong growth continues in North America and Asia. Europe keeps its solid position in the sales charts. In view of our intensive programs of promotional activities and new product launches, sales growth should continue to accelerate for rest of the year”,

The company said it expects strong sales results for the second half of 2010.

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