While rumours had circulated for some time, the confirmation has now been made. As Formula 1 gears up to celebrate its 75th anniversary in 2025, there’s major news shaking up its sponsorship landscape. LVMH, the world’s largest luxury conglomerate, has officially signed on as a Global Partner of Formula 1 in a groundbreaking 10-year deal, […]
It wasn’t so long ago when LVMH, the French luxury powerhouse, announced shifts in top management positions. In January 2024, the group announced the creation of a new entity, LVMH Watches, as well as its CEO, Frédéric Arnault, the son of the Group’s owner Bernard Arnault and ex-CEO of TAG Heuer. As a consequence, Julien […]
Known as the largest luxury group in the world, owned by the Arnault family, LVMH continues its development in all fields related to rare and artistic crafts. Already the owner, through its Watches Division, of TAG Heuer, Hublot and Zenith (as well as jewellery brands Bulgari and Tiffany, not included in this division), the group […]
Known as the largest luxury group in the world, owned by the Arnault family, LVMH continues its development in all fields related to rare and artistic crafts. Already the owner, through its Watches Division, of TAG Heuer, Hublot and Zenith (as well as jewellery brands Bulgari and Tiffany, not included in this division), the group […]
The Federation of the Swiss Watch Industry has just released their export statistic for 2023 – December ended the year on a positive note with exports up 5.5%. For the year as a whole, the industry exports recorded an increase of 7.6% compared to 2022, reaching their highest level ever at CHF 26.7 billion for […]
Earlier this month, LVMH, the French luxury powerhouse, reorganized the management of its watch division. Frédéric Arnault was named CEO of LVMH Watches – overseeing TAG Heuer, Hublot and Zenith – Julien Tornare subsequently took over as CEO of TAG Heuer while a former Richemont executive, Benoit de Clerck, was recruited to run Zenith. Just […]
As was expected, LVMH, the world’s largest luxury goods company, has announced record revenues for 2023. At EUR 86.2 billion, revenues are up 9% while the organic growth was +13%. The progression of revenues was higher in the fourth quarter than in the third quarter with organic growth of 10% versus 9%, despite some uncertainties […]
For some months now, we’ve heard and seen evidence that things were about to change at LVMH, a reshuffling strategy that industry insiders love to call the musical chairs of management. Things are now official as Julien Tornare, ex-CEO of Zenith, becomes CEO of TAG Heuer. He’s replaced in this role by Benoit de Clerck, […]
Following the release by the two watchmaking giants Swatch Group and Richemont of strong results for the first months of 2023, it is now time for the world’s leading luxury group, LVMH, to report its revenues for the first half of 2023. The French powerhouse, active in multiple businesses (wines & spirits, fashion & leather goods, […]
To most people an entry-level watch would be something like a Casio, Seiko, or maybe a Hamilton if you want to go Swiss. However, Louis Vuitton have made a significant declaration that they’re not interested in catering to ‘most people’. Although the Louis Vuitton Tambour range has included some true technical marvels, the air of … Continued
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The post VIDEO: The Louis Vuitton Tambour W ushers in a new era of LV watchmaking appeared first on Time and Tide Watches.