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Luxurious view brand name Milus has long been acquired from the Chow Tai Fook Team (CTF). The takeover with the CTF Team follows the latest provisional liquidation from the bankrupt Peace Mark Team, which owned the Milus brand name considering that 2002. The Chow Tai Fook Team is usually a international enterprise owned by Dr. Cheng Yu Tung, which employs more than eighty,000 individuals and possesses belongings of more than USD $5 billion. The Team is divided into two principal operationsthe investmentfocused Chow Tai Fook Enterprises Constrained, and Chow Tai Fook Jewelry Corporation Ltd., that is centered across the retail of gold and diamond jewellery. The latter dates back again practically eighty a long time, and it is a single with the far better regarded great jewelers in Asia; also, it is 1 of your biggest, comprising a lot more than 700 retail areas in China, Hong Kong, Taiwan, Malaysia, and Macau which make somme yearly revenue of about USD $1 billion. A press launch issued by Milus expresses enthusiasm about the likely represented from the CTF acquisition, noting that brand name positioning, organization progress, and retail existence are all able to become optimally benefited throughout the romantic relationship. Presently, Milus has subsidiaries in China and Hong Kong, the us, and Germany; the brand name is represented and dispersed in a lot more than forty nations. Harry Winston has developed substantially inside the very last many a long time, and within the interests of more solidifying its location within just the luxurious observe marketplace, it's appointed new professionals for its Geneva operation. Didier Decker, previously the COO with the Franck Muller Team, is appointed as Director of Production, in which he'll oversee all aspects with the Harry Winston check out manufacturing, also as administrative administration along with the routine maintenance of an successful operation with the facility. David Gouten, that has been with Harry Winston for 7 a long time, has long been named Vice President of Worldwide Wholesale For Timepieces and Jewellery; this situation follows on his preceding part as Director of Global Wholesale Timepieces. Mr. Gouten might be chargeable for Harry Winston's wholesale check out and jewellery small business in Europe, Asia, the Center East, and Latin The usa. Quickly to be a part of the business as Finance Director of Timepieces, is Bertrand Weisrock. Mr. Weisrock happens in the Richemont Team, exactly where he presently serves as Finance Supervisor. Supply: Harry Winston SA

2025-09-15 19:17:23

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2025-09-15 19:17:23