After the spectacular success of the “Naissance d’une Montre” project, the Time Æon Foundation is continuing its mission. Aiming as always to perpetuate the skills of watchmaking excellence and encourage its transmission, it presents two new projects named “Naissance d’une Montre 2” and “Naissance d’une Montre 3”.
Ulysse Nardin has a new “Ulysses” onboard. Dan Lenard, co-founder of the renowned Italian yacht design firm Nuvolari-Lenard, departed from Cadiz, Spain on January 20th for a daring adventure: a transatlantic cross scheduled to arrive at the Miami Boat Show around February 14th. Ulysse Nardin has been present as one of the main sponsors.
Even though the pace of business slowed during the last three months of the year under review, the group’s turnover increased by 6.1%. This growth is more particularly generated by the Prestige and Luxury segment. Net profit was up 14.8%. The outlook for 2019 is favourable.
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €46.8 billion in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%, and 12% excluding the impact of the closure of the Hong Kong airport concessions at the end of 2017. All business groups posted excellent performance.
The Board of Directors of the MCH Group has appointed Bernd Stadlwieser as the new CEO of the MCH Group. Bernd Stadlwieser has more than 20 years of international professional experience in the watch/Jewellery and Art sectors as well as in the fields of business development and digitisation.
Swiss watches enjoy an unrivalled worldwide reputation.
The Swiss watch industry has decided to strengthen the criteria of the Swiss made label.
Buying or selling counterfeit products undermines know-how, finances organised crime, and threatens jobs and innovation.