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In leather goods, the development of a new handbag line has stimulated ladies'
interest in the Montblanc brand. The newly-launched Montblanc Starisma, an
eye-catching range including the Alcina Limited Edition, crafted in soft suede with
a seductive shape and intriguing details, will certainly appeal to the sophisticated,
modern woman.
During the year, boutiques were opened in Macau, Kuala Lumpur, Mexico City,
Las Vegas and in CITIC Square, Shanghai where Montblanc's largest flagship store
was inaugurated in November 2007. The existing boutiques in San Francisco,
Zürich, Vienna and Düsseldorf underwent major renovations during the year.
Reflecting the growing importance of jewellery and watches to the Maison's
retail sales strategy, dedicated areas for these product categories were created in
the boutique network, featuring a new concept in furniture, colours and lighting.
Patronage of the arts is at the heart of the brand's communication concept. In
2007, the world-renowned young Chinese pianist, Lang Lang, was elected as the
new Chairman of the Montblanc de la Culture foundation which supports and
honours individuals who have given their time, energy and money to encourage
cultural life to flourish.
Montblanc's ambassadors play a central role in brand advertising campaigns
and PR events. The successful advertising campaign with the charity theme
`Helping others gives success a true meaning' continued, refreshed by new
ambassadors such as the pianist Lang Lang and actress Eva Green.
The Maison has long demonstrated its commitment to social responsibility.
In 2007, it launched an initiative entitled `The Power to Write' in conjunction
with UNICEF, with the objective of combating childhood illiteracy.
The business enjoyed growth in all markets in 2007. Of particular note was
the progress achieved in China, Montblanc's third largest market and projected
to become its second largest by 2009. Shanghai was chosen as the venue for the
world première Haute Joaillerie pieces `A Tribute to Women' which generated
valuable media interest at a local and international level.
In the year ahead, Montblanc will continue to enhance its attractiveness for
female customers and develop its Swiss watchmaking reputation.
LUTZ BETHGE
CHIEF EXECUTIVE
Richemont Annual Report and Accounts 2008
25
Business review
Montblanc Star Rieussec
Monopusher Chronograph
Platinum ­ Montblanc
movement, Caliber MB R100,
Unique Rotating Counters