Established in 1988, the Rivoli Group has built a strong reputation as a leading luxury retailer. Rivoli is a portfolio company of Dubai International Capital. The Swatch Group is the world's largest watch manufacturer with over 19 brands, Replica Tag Heuer wv211d.eb0017 Carrera Automatic Watch going from the luxury and prestige segment with Breguet to the basic range with Swatch with over 160 factories in Switzerland (23,000 employees worldwide) and delivereing movements apart from the own brands to the while Swiss watch industry. Last year, the turnovr of the Swatch Group was record 6 billion Swiss Francs.
Nayla Hayek, Member Board of Directors of the Swatch Group said: ?Our investment in Rivoli cements the long-term partnership we have shared for over two decades and will be not just beneficial to both parties but also to the consumer in the region. Our association with Rivoli Group has broadened strongly throughout this period to include the representation and retail of the spectrum of our watch brands within the UAE. The Replica Tag Heuer wae1112.ft6008 Professional Golf Watch GCC region is 1 which possesses high growth potential and with this partnership we plan not just to tap into the opportunities that the region offer but also to increase the service to the consumer. ?Commenting on the new partnership, Rivoli Group's Managing Partner, Ramesh Prabhakar said: ?
This investment serves to further strengthen our ties with Swatch Group whom we have worked alongside over the years. We are delighted that the Swatch Group has chosen to be a part of Rivoli's success story and this partnership will enable us to expand our retail network and enter new and important markets where the demand for luxury Replica Tag Heuer cac111b.ba0850 Formula 1 Watch remains high. Swatch Group will assist us in achieving even greater success and we look forward to a fruitful and long-term relationship. ?
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