Luxury market loses oomph
Updated: 2015-01-20 15:28
By Shi Jing(chinadaily.com.cn)
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No 7 Cartier
Cartier designs, manufactures, distributes and sells jewellery and watches. Founded in Paris in 1847 by Louis-François Cartier, the company remained under family control until 1964. Cartier has a long history of sales to royalty and celebrities. King Edward VII of England referred to Cartier as "the jeweller of kings and the king of jewellers."
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Customers queue up outside a Cartier boutique of Richemont Group in Hong Kong, China, 21 December 2013. [Photo/dfic.cn] |
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