Richemont, the world's second-biggest luxury goods group, said Wednesday April 23th its sales had risen by 16 percent to 5.301 billion euros (8.471 billion dollars) in the financial year which ended March 31.
Myanmar's military government will hold a new sale of gems, pearls and jade in March, in a bid to earn much-needed foreign currency despite calls to boycott the auctions, state media said Sunday February 10th.
Myanmar's military government sold 600 lots of gems and jade at a recent auction, state media said Sunday, January 20th, earning much-needed foreign income for the isolated junta as it faces stiff economic sanctions.
Military-run Myanmar has opened another major auction of gems and jade in the nation's economic hub Yangon, despite international efforts to cut off the junta's sales, state media said Wednesday, January 16th.
Military-run Myanmar will hold a new auction of gems and jade in January, state media said Friday, December 14th, amid calls for a boycott and sanctions against the junta following its bloody crackdown on protests.
Military-run Myanmar has wrapped up a gem auction, a major money-spinner for the junta, state media said Tuesday, november 27th despite sanctions and calls for a boycott following its deadly crackdown on protests.
Richemont, the world's second-biggest luxury goods group, recorded Friday, november 16th a 28 percent increase in net profit for the first half of the financial year, up to 824 million euros (1.201 billion dollars).
Myanmar opened a lucrative auction of gems on Wednesday, November 14th, despite tightening Western sanctions and calls for a boycott from top international jewellers following the junta's deadly crackdown on protests.