Luxury retailer Richemont reported its jewelry store sales grew 16 percent to EUR 2.66 billion ($4.24 billion) for the year ending March 31, 2008.  Overall group sales for the year rose 16 percent to EUR 5.301 billion ($8.471 billion.) The group's specialist watchmakers experienced strong demand across all regions. Sales rose 20 percent to EUR 1.378 billion ($2.199 billion) with particularly strong sales from IWC and Jaeger-LeCoultre, the company said.

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