Credits: Article and images by Oliver R Müller @ Revolution Watch Magazine. See the original article here - https://revolutionwatch.com/louis-vuitton-watchmaking/
As of 2022, the market share of the five brands selling watches accounted for a consolidated ~6.3% of the Swiss watch industry, placing it in fourth position behind Richemont with one-third of the competitor’s sales. In fact, the group even resold EBEL in 1999 after having tried to relaunch a mythical brand of the 1980s and ’90s. The acquisition of Hublot in 2004 then signaled that LVMH did want to muscle up, but the potential growth by acquisition is very limited due to the scarcity of major brands to be potentially acquired.
LVMH will certainly be amongst the first bidders when new opportunities arise for acquisitions, but for the time being it has chosen to build up the fundamentals to become an even more serious player in the watch industry.
Credits: Article and images by Oliver R Müller @ Revolution Watch Magazine. See the original article here - https://revolutionwatch.com/louis-vuitton-watchmaking/
