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Article: Polo Ralph Lauren and Richemont Announce the Formation of The Polo Ralph Lauren Watch and Jewelry Company.
- Article from:
- Business Wire
- Article date:
- March 5, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The below joint press release has been issued today by Compaganie Financiere Richemont SA and Polo Ralph Lauren Inc.
NEW YORK & GENEVA -- Two leading players in the global luxury business announced today the formation of The Polo Ralph Lauren Watch and Jewelry Company, S.A.R.L., whose purpose will be to design and create luxury watches and fine jewelry.
In this unique partnership, Polo Ralph Lauren (NYSE:RL) and Richemont (SWX: 'CFR') will form a joint venture to design, develop, manufacture and distribute the products through Ralph Lauren boutiques as well as through the finest independent jewelry and luxury watch retailers in the world. The partners ...