'India Is Truly Shining' ; Established in 1847, Cartier has Now Set Up Operations in India. Bt's Anamika Butalia Spoke to Bernard Fornas, President and Ceo of Cartier, During the Cartiertravel with Stylevintage Event Held in Mumbai Last Fortnight.

Business Today (November 30, 2008)

Author: Anamika Butalia

Linked as:



Summary


Established in 1847, cartier has now set up operations in India. BT's Anamika Butalia spoke to Bernard Fornas, President and CEO of Cartier, during the CartierTravel With StyleVintage event held in Mumbai last fortnight. Excerpts: Why is Cartier setting up a store in Delhi during a slowdown? At Cartier, we prepare for the worst in our best times. We have worked towards this launch for three years and have not let market conditions deter us. India and Cartier have had a long romance and we are optimistic that our buyers will remain loyal.

What are your views of the luxury market in India? The luxury market in India has seen a facelift in the last few years. India is truly shining. As with other brands, Cartier, too, hopes that taxes will be lowered in the coming years, which will help brands like ours to accelerate penetration into the country.

See the full content of this document

Extract


'India Is Truly Shining' ; Established in 1847, Cartier has Now Set Up Operations in India. Bt's Anamika Butalia Spoke to Bernard Fornas, President and Ceo of Cartier, During the Cartiertravel with Stylevintage Event Held in Mumbai Last Fortnight.

What does the fu...

See the full content of this document