RE: Horology News: LVMH acquires the Swiss watchmaker Hublot

Posted by Chouchane
April 28, 2008 - 07:30PM cet
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Email : benchouchane@yahoo.com

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Hey Milan,

IMHO Hublot is not an attractive brand (However I trully respect the way they managed -business wise- and brought the Big Bang to the "top" selling watches). It just not does it to me. 

I understand the need for Croco to sell his brand though....  LVMH is a beautiful company for high range products such as bags but watches.....???? Not sure about that.

Do you think that large groups -Richemont, LVMH....- will be able to keep the soul of these brands while trying to make them more profitable ? I think will see in the near future if there are limits to these strategies.....

JLC is a good example. While JLC is a part or Richemont, having a great management -designer, sales people as well- is a plus and necessary but can all brands be so "lucky" ?

Best, 

Ben

 

 

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