Baccarat announced that the company is set to unveil the company's newest store in New York City in May 2013 ahead of the iconic brand's upcoming 250th anniversary. Located at 635 Madison Avenue at 60th Street, the expansive 2,800-square-foot store, designed by acclaimed architect and designer Rafael de Cardenas, will be an experiential destination encompassing the Baccarat lifestyle. The store's distinctive design concept will be a new global retail model for the brand, showcasing tableware, lighting, decorative objects and jewelry to reflect the richness of the Baccarat lifestyle and the brand's commitment to innovation and excellence.

Baccarat reported consolidated earnings results for the year ending December 31, 2011. For the period, the company reported sales of EUR 125,871,000 compared with EUR 143,206,000 for the same period last year. Current operating income was EUR 731,000 compared with EUR 3,227,000 for the same period last year. Operating income was EUR 4,980,000 compared with EUR 42,000 for the same period last year. Consolidated net result was EUR 2,201,000 compared with consolidated net loss of EUR 2,344,000 for the same period last year. Net debt was EUR 14,278,000 compared with EUR 21,418,000 for the same period last year. Current operating income is up mainly due to non-recurring costs. Sales were up in each geographic region. In Europe, sales increased (+15%) over 2010. In Japan, despite a difficult macroeconomic context, sales were also up 3% in yen over the previous year (+7% in euros). In the United States, on a comparable basis, the product repositioning started to bear fruits as sales increased by 23% in dollars (+17% in euros).

Baccarat, Board Meeting, Mar 30, 2012. Agenda: To approve financial statement for the year ending December 31, 2011.