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Made in Germany | Luxury in Crisis?

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Uploaded by on Jan 28, 2009

Industry has already felt the pinch and now the financial crisis has hit the luxury sector -- at least, according to European luxury goods manufacturers such as Richemont and Ferretti.

Grit Hofmann paid a visit to the town of Pforzheim, the traditional capital of Germany’s gold and jewellery industry, to see how its faring. For now, the mood is still optimistic -- but will Pforzheim really be able to weather the crisis?

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  • I want that golden Porsche! :p

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