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Paris, 24 April 2008 LVMH Mo?t Hennessy Louis Vuitton, the world's leading luxury group, announces that it has signed an agreement to acquire the Hublot group, a top of the range watchmaker enjoying very strong growth. LVMH will acquire Hublot from Mr Carlo Crocco, who founded the group in 1980, and a company controlled by Mr Jean-Claude Biver, who has managed Hublot since 2004. Hublot is a brand that is highly complementary to LVMH's existing watch portfolio comprising TAG Heuer, the world leader in prestigious sport watches and chronographs, the Swiss Watch Manufacturer Zenith, Dior Montres, Louis Vuitton watches sold exclusively in Louis Vuitton stores, and the watch collections of jewellers Chaumet, Fred and De Beers. STRONG GROWTH POTENTIAL Hublot, which has its headquarters and workshops near Geneva, has started building a factory at Nyon to accommodate its expansion plans. Having grown at a rapid pace since 2004, the brand achieved net revenue of more than CHF150 million in 2007 with an excellent profitability. A very significant increase in revenue is expected in 2008. Today, Hublot has a very selective and efficient distribution network which is limited to 300 stores worldwide. Hublot has a well-balanced geographic footprint spanning Switzerland, Spain, France, Germany, the US, Latin America, Middle East, Russia, Japan, Hong Kong, Singapore... The brand has recently been launched in China and India and has strong growth potential in Asia, Japan, North America and in certain European markets.EXCEPTIONAL WATCHES AND CHRONOGRAPHS Hublot offers ranges of exceptional quality watches that are innovative, very differentiated and combining fusions of materials, precious metals, (gold, platinum,...) technological metals (titanium, tantalum...), ceramics, diamonds and natural rubber. The renowned Big Bang collection includes models equipped with automatic movements whose prices range from �8,000 (steel and ceramic) to over �300,000, integrating precious metals and technical complexity. A new Big Bang collection for women was launched at the last Basel watch fair with great success. Finally, the traditional classic line has been recently redesigned using natural rubber, zircon, gold and ceramics. Carlo Crocco, founder of Hublot, said : "I am happy that Hublot, an innovative brand since is creation, is joining the LVMH group, the world leader in luxury goods, whose creative passion is without any doubt a value that I have always shared." Jean-Claude Biver, the architect of the success of the Big Bang collection and the recent strong growth of Hublot, commented: "I am delighted that Hublot will be able to benefit from LVMH's support and strategic leadership in the luxury goods industry and so maximise its growth potential in the years to come. I am happy to be pursuing this adventure and to be able to contribute to the development of LVMH's watch*** division alongside Philippe Pascal." Philippe Pascal, Chief Executive Officer of LVMH's Watches & Jewelry business group, added: "Hublot is a strategic and very complementary acquisition. Its high-end positioning, selective distribution, financial performance and growth potential make Hublot a 'rising star'. Hublot will strengthen our Watches & Jewelry business group which, over the last three years, has been growing strongly. We are very happy that Jean-Claude Biver will, along with the management team of Hublot, continue on this remarkable journey and contribute his considerable expertise to our development in this promising sector." About LVMH LVMH Mo?t Hennessy Louis Vuitton is the world's leading luxury goods group. The Group is represented in Wines and Spirits by a portfolio of brands that includes Mo?t & Chandon, Dom P��rignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Chateau d'Yquem, Hennessy, Glenmorangie, Ardbeg, Belvedere Vodka, Chopin, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Green Point, Cape Mentelle, Newton. Its Fashion and Leather Goods division includes Louis Vuitton, the world's leading luxury brand, as well as Celine, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, StefanoBi as well as eLUXURY, the authoritative online source for luxury goods on the Internet. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing through DFS, Sephora in Europe and the United States, Le Bon March�� and la Samaritaine. LVMH's Watches and Jewelry division comprises TAG Heuer, Chaumet, Christian Dior Watches, Zenith, Fred and De Beers Diamond Jewellers Limited, a joint venture created with the world's leading diamond group.

Home > Baume Mercier > SIHH 2010 Baume Mercier Classima Executives MagnumSIHH 2010 Baume Mercier Classima Executives MagnumMay 12th, 2010adminAt SIHH 2010, the internationally acclaimed watch cast Baume & Mercier was appreciative to present its Classima Executives Magnum XXL Alarm Atramentous PVD Animate watch. Dressed absolutely in black, the watch eloquently affirms its appearance in a active style.Beating at the affection of this archival artefact is an automated movement, amid in a PVD-coated stainless animate case. Distinguished by a new channelled design, the watch case embraces a two-level dial, able with adventuresome indices and skeletonized hands. Another highlight of the alarm is represented by angled alarm pushers, which serve to assure the crown.The Classima Executives Magnum XXL Alarm Atramentous PVD Animate watch, launched by Baume & Mercier, is a abundantly ample model. Dimensionally, the arty atramentous case is 15.6mm top and has a bore of 44 mm. The brightness of the watch is added by the all-embracing punch affected by a almost attenuated animate bezel.The watch exerts alluring allure on watch lovers due to matte finishing of the dial. Its blue-blooded apparent proudly reveals recessed alarm counters, as able-bodied as a aloft section, advised for the minute assortment marks. The watch affectation aswell includes hour indexes, arresting for their length. They alike altogether with adventurous skeletonized hour and minute hands. The able Superluminova coating, activated to the indices and hands, assures able-bodied low-light visibility. The punch is aswell completed with a rapidly adjustable date breach and a baby abnormal sub-dial.Baume & Mercier?s admired specialists accept able their new conception with a screw-down ambagious acme and case-back in adjustment to abbreviate abrogating aftereffect of water, dust, and added damaging elements. The screw- down aback exposes a triangular examination aperture with a azure window, which provides a alluring acumen into the intricate apparatus of the Swiss self-winding automated ETA-based ability movement. The apparatus of alone exactitude, it boasts a admirable ability assets of about 48 hours.The movement appearance a bland glucydur antithesis wheel, affective aback and alternating at the amount of 28,800 accordance per hour.The Baume & Mercier Classima Executives Magnum XXL Alarm Atramentous PVD Animate watch is able with a actual important able diving feature: it is 200-meter water-resistant.The alarm is accompanied by an acutely abiding elastic strap, bizarre with a adorning burden of three grooves. It is adapted with a folding brooch in atramentous PVD-treated stainless steel. Similar to the cap of the ambagious crown, the catch is apparent with the &quot,hublot swiss replica;Phi&quot,breitling replica; attribute of Baume & Mercier.