Richemont.

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$File picture shows complications watchmaker Chrystian Lefrancois checking the movement of a Platinum Skeleton Repeater model of Vacheron Constantin watch manufacturer, in Plan-les-Ouates near Geneva May 23, 2007. Swiss luxury group Richemont, which owns several of the world\'s leading companies in the field of luxury goods such as Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc will present its 2012 full year results May 16, 2013.$

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$File picture shows Vacheron Constantin watchmakers working in the company headquarters in Plan-les-Ouates near Geneva May 23, 2007. Swiss luxury group Richemont, which owns several of the world\'s leading companies in the field of luxury goods such as Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc will present its 2012 full year results May 16, 2013.$

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$MontBlanc CEO Lutz Bethge poses after an interview with Reuters at the Salon International de la Haute Horlogerie (SIHH) exhibition at the Palexpo in Geneva January 21, 2013. Cartier watches maker Richemont said sales growth had ground to a halt in the Asia-Pacific region, rekindling fears about a market which has been the driving force of luxury sales. Bethge told Reuters in an interview at the Geneva watch show that pens now made up less than 50 percent of the brand\'s sales and watches were its fastest growing product category. Sixteen brands of watches and jewellery, part of the Richemont group, exhibited their new models from January 21 to 25, 2013. Picture taken January 21.$

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$A view of a sign by Swiss watchmaker IWC, part of luxury goods group Richemont, during the opening day of the \'Salon International de la Haute Horlogerie\' (SIHH), a professional fair in fine watchmaking, on January 21, 2013, in Geneva.$

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$A member of staff holds a Vacheron Constantin golden watch made with 778 diamonds at the \$

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$Visitors look at a giant watch reproduction on the A. Lange and Soehne booth at the \$

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$A member of staff holds a Vacheron Constantin golden watch made with 778 diamonds at the \$

$Visitors look at a giant watch reproduction on the A. Lange and Soehne booth at the \$

File picture shows complications watchmaker Chrystian Lefrancois checking the movement of a Platinum Skeleton Repeater model of Vacheron Constantin watch manufacturer, in Plan-les-Ouates near Geneva May 23, 2007. Swiss luxury group Richemont, which owns several of the world's leading companies in the field of luxury goods such as Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc will present its 2012 full year results May 16, 2013.

File picture shows Vacheron Constantin watchmakers working in the company headquarters in Plan-les-Ouates near Geneva May 23, 2007. Swiss luxury group Richemont, which owns several of the world's leading companies in the field of luxury goods such as Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc will present its 2012 full year results May 16, 2013.

MontBlanc CEO Lutz Bethge poses after an interview with Reuters at the Salon International de la Haute Horlogerie (SIHH) exhibition at the Palexpo in Geneva January 21, 2013. Cartier watches maker Richemont said sales growth had ground to a halt in the Asia-Pacific region, rekindling fears about a market which has been the driving force of luxury sales. Bethge told Reuters in an interview at the Geneva watch show that pens now made up less than 50 percent of the brand's sales and watches were its fastest growing product category. Sixteen brands of watches and jewellery, part of the Richemont group, exhibited their new models from January 21 to 25, 2013. Picture taken January 21.

A view of a sign by Swiss watchmaker IWC, part of luxury goods group Richemont, during the opening day of the 'Salon International de la Haute Horlogerie' (SIHH), a professional fair in fine watchmaking, on January 21, 2013, in Geneva.

A member of staff holds a Vacheron Constantin golden watch made with 778 diamonds at the "Salon International de la Haute Horlogerie" SIHH exhibition at the Palexpo in Geneva January 21, 2013. Some 16 brands of watches and jewellery, part of the Richemont group, are exhibiting their new models from January 21 to 25, 2013.

Visitors look at a giant watch reproduction on the A. Lange and Soehne booth at the "Salon International de la Haute Horlogerie" SIHH exhibition at the Palexpo in Geneva January 21, 2013. 16 brands of watches and jewellery, part of the Richemont group, exhibit their new models from January 21 to 25, 2013.

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