By  on March 3, 2008

Piaget is pushing ahead with expansion in the face of economic turbulence and dire forecasts from some industry analysts.

The 134-year-old fine jewelry and watch firm, which is owned by Compagnie Financière Richemont, plans to boost its store count to 80 from 48 around the globe within five years and is increasing its focus on fine jewelry. The U.S. presents a large growth opportunity, said Larry Boland, president of Piaget North America.

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