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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 extremely complementary to LVMH's existing watch portfolio comprising TAG Heuer, the world leader in prestigious sport replica Blancpain 2100-1127-71 Men's watch and chronographs, the Swiss Watch Manufacturer Zenith, Dior Montres, Louis Vuitton watches sold exclusively in Louis Vuitton stores, as well as 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 replica Blancpain 2925-3642-53B Men's watch extremely 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.
