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Egana sees constant progress in logistic efficiency in Germany

30 Sep '05
4 min read

In the 2005 Basel Fair, G+W announced the successful development of a new technique to make platinum jewellery with more unique design and also can be made larger than previously possible, enabling hollow, lightweight and seamless specialties. The initial feedback from customers in US and Europe is encouraging. It is expected that similar positive feedback would be forthcoming from Japan and China on its future launch.

Carrera stainless steel jewellery, as affordable lifestyle accessories, has been brought to US, Middle East and German markets with encouraging response. We are taking further steps to introduce Carrera jewellery and high-end platinum jewellery collection by Abel & Zimmermann in the Japan market.

The Group has successfully leveraged on 60 Goldpfeil / Comtesse shops in Japan to secure 600 more POS. Riding on the success of CERRUTI 1881 watch worldwide, the Group will introduce in 1Q 2006 CERRUTI 1881 jewellery line to the market. On the same token, JOOP! Jewellery has a strong demand in Germany, respectively Europe. It is setting the trend for future growth in Japan and Greater China.

On 31 March 2005, EganaGoldpfeil (Holdings) Limited completed the acquisition of Salamander.

EganaGoldpfeil Group has currently operated 178 Salamander shops in Europe. Capitalizing on the sizable Salamander distribution network, selected products of the Group's own brands as well as licensed brands can make entrance into new markets. The Group would be able to ride on the wave of Salamander retail shops to further penetrate their jewellery portfolios into Eastern Europe which is enjoying a relatively faster GDP growth in the European continent.

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