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Friday, January 21, 2011

Frederique Constant Claims Record Sales in 2010


Luxury Swiss watch brand Frederique Constant Geneve said 2010 sales grew by 45 percent year-over-year and 23 percent higher than in 2008. The company also said it sold more than 100,000 units for the year, a new record.

Peter Stas, Frederique Constant founder and CEO, said all regions reported “very significant increase in activity” for the year. This growth will continue in 2011.

The company’s statement, released Friday, did not include actual sales totals.

“Russia and Japan returned to sales growth. Strong growth continues in North America and Asia. Europe keeps its solid position in the sales charts,” Stas said. “We are proud to have reached our best year ever, and it clearly proves that our product proposition—accessible luxury—continues to have great potential.”

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