This is today's news: LVMH Moët Hennessy Louis Vuitton announced the signing of a contract for the acquisition of Hublotwhich will thus join the other watch brands already present within the Group: TAG Heuer, Zenith, Dior Watches, Louis Vuitton, Chaumet, Fred and De Beers. This is an important step for Hublot, as stated by Jean-Claude Biver, who has headed the brand since 2004 and has been the driving force behind the brand's recent major growth: "I am thrilled that Hublot can now benefit from LVMH's support and strategic leadership in the luxury sector and thus maximise its growth potential in the years to come. I am delighted to be part of this adventure and to be able to contribute to the development of LVMH's watchmaking division alongside Philippe Pascal (CEO of LVMH, ed.)".
