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Richemont launches global theft prevention database in fight against luxury jewelry loss

China is having a crucial impact in the development of the luxury watch market, registering market growth of more than 59 percent. Image credit: Shutterstock With Enquirus, Richemont addresses the lack of industry standards as to where and how to register luxury watches and jewelry. Image credit: Shutterstock

 

Swiss luxury conglomerate Richemont is taking a major step in the direction of loss prevention progress.