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  1. GIA to Close Israel Lab by Year End
  2. Richemont Sales in Asia Pacific Down
  3. AGTA Announces 2024 Spectrum & Cutting Edge Award Winners
  4. GIA Reports Animal-Like Inclusions in Natural Diamonds
  5. WFDB Encourages Industry Investment in Natural Diamond Marketing
  6. De Beers’ Tracr Platform to Disclose Single Country of Origin for Over 1.25ct Rough
  7. LVMH Watches and Jewellery Sales Drop 5 Percent For First Nine Months This Year
  8. Fancy-coloured Diamond Prices Show Overall Stability with Moderate Declines
  9. Gübelin Opens New Lab in Bangkok
  10. Sally Morrison Takes Larger Role in De Beers to Lead US Marketing
  11. Buccellati Executive to Lead Board of New Richemont Acquisition Jewellery Brand
  12. Weak Sales Recorded from Gemfields Emerald Auction
  13. Gübelin Opens New Lab in Bangkok
  14. Jewelers of America Announces 2024 CASE Awards Winners
  15. Chow Tai Fook Appoints New Chief to Lead Strategic Expansion in Southeast Asia and Globally
  16. Pandora Raises Full Year Growth Outlook Amid Strong Performance
  17. GIA Finds Natural-Looking Inclusions in Synthetic Ruby
  18. Hong Kong Luxury Retail Sales Down 23% in June
  19. De Beers Cancels August Sight, Combines with October Sight
  20. Petra Diamonds Postpones First Tender of New Financial Year
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  1. US market unfolds changes and potential
  2. The queen of gems, the gem of queens
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HKJM > News > LVMH Reshuffles Management at Watch Division

LVMH Reshuffles Management at Watch Division

LVMH has announced significant executive appointments recently within its watch division, effective as of September 1, 2024. 

 

 

Julien Tornare, currently the CEO of TAG Heuer, has been named CEO of Hublot. He will succeed Ricardo Guadalupe, who has served as CEO of Hublot since 2012, and has decided to step back from operational management. He will transition to the role of honorary president of Hublot. Tornare has been working in the watchmaking industry for 26 years, including executive posts at Vacheron Constantin and Zenith.

 

Ricardo Guadalupe’s illustrious career began as a product manager at Bulgari horlogerie. He later joined Blancpain alongside Jean-Claude Biver, moving to Hublot with Biver in 2004. The launch of the Big Bang in 2005 was a pivotal moment, leading to spectacular growth for Hublot. Guadalupe joined LVMH in 2008 during the acquisition of Hublot by the group and was appointed CEO of Hublot in 2012.

 

Antoine Pin, currently the general manager of Bulgari Horlogerie, will replace Julien Tornare as CEO of TAG Heuer. Pin began his career at TAG Heuer in 1994 and has held various management positions within LVMH Watches & Jewelry UK, TAG Heuer Japan and Korea, and Bulgari Greater China and Australia, before being promoted to EVP of Berluti. His return to TAG Heuer as CEO is a significant milestone, marking a new era for the brand.

 

These leadership changes follow Frédéric Arnault’s appointment as CEO of LVMH’s watch division earlier this year. Arnault, at 28, is the second-youngest of chairman Bernard Arnault’s five children and has been leading TAG Heuer since 2020.

 

"I am delighted about Julien Tornare arrival at the head of Hublot, which marks the beginning of a new chapter dedicated to the future of our maison and the strengthening of its unique position among leading watch brands,” said Frédéric Arnault. He also welcomed Antoine Pin into the watch division at TAG Heuer. His extensive international experience, expertise, and well-recognised passion for watches will be major assets in continuing TAG Heuer’s growth and elevation, he added.

 

26-07-2024

 

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