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Permanent · JOHNSON CREEK
By
Reuters API
Published
Sep 6, 2018
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Swiss watchmaker Audemars Piguet to boost revenue by taking sales inhouse

By
Reuters API
Published
Sep 6, 2018

Swiss watch brand Audemars Piguet wants to totally control the distribution of its luxury watches, cutting out third-party multibrand retailers, within three to five years, its head told Reuters, adding the integration would boost sales.



"We'll accelerate the consolidation process to arrive at a totally integrated retail network," Chief Executive Francois-Henry Bennahmias said in reply to emailed questions. "That should happen within three to five years."


 

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