Luxury conglomerate LVMH, owner of such prestigious brands as Louis Vuitton, Bulgari, and TAG Heuer or Tiffany&Co continues its expansion into the luxury world. Recently, Bernard Arnault’s company made a strategic acquisition, adding Swiss watchmaking brand L’Epée 1839 to its impressive portfolio, a move that allows LVMH to enter the specific and increasingly popular market niche of exclusive table and art clocks. LVMH acquires L’Epée 1839 and sets a new course in the development of the empire.
LVMH acquires L’Epée 1839
Founded in 1839, L’Epée 1839 quickly gained status and reputation. It is one of the most important manufacturers of table clocks in the world. The company became famous for its three-dimensional designs, which combine the precision of Swiss craftsmanship with artistic design. Examples of these extraordinary works include clocks inspired by the Batmobile and Chanel sculptures. Innovative mechanisms and bold designs are hallmarks of L’Epée 1839.
Strategic acquisition and its consequences
LVMH’s acquisition of L’Epée 1839 is a move that could significantly impact the luxury goods market. The LVMH Watches Division, managed by Frédéric Arnault, will gain a new member who brings unique skills and experience in creating intricate timepiece mechanisms. LVMH acquires L’Epée 1839 and strengthens its position in the luxury market.
Importantly, L’Epée 1839 will continue its partnerships with other prestigious brands such as MB&F and Ulysse Nardin. Arnaud Nicolas, who has served as CEO and creative director of L’Epée 1839 since 2009, will remain in his position. He will ensure continuity and stability in the company’s management. Frédéric Arnault, president of LVMH Watches Division, expressed his excitement about this new acquisition. He stresses that L’Epée 1839 will continue to initiate and develop watchmaking partnerships.
New opportunities for LVMH brands
The incorporation of L’Epée 1839 into the LVMH portfolio opens up new opportunities for the conglomerate’s existing brands, such as Louis Vuitton, Tiffany & Co., and Hublot. Most likely, L’Epée 1839 will now create unique dial mechanisms that will find their way into these brands’ products. This combination is promising for LVMH, as well as for customers. Even more exclusive and innovative products will be created.
LVMH – leader in innovation and luxury
LVMH has long proven that it can successfully manage and develop luxury brands. Examples include their responsible involvement in the Olympic Games and the construction of an ultra-luxury hotel in Paris. The acquisition of L’Epée 1839 is further proof that LVMH is not just looking to explore new areas. It is creating unique experiences for its customers.
LVMH’s acquisition of L’Epée 1839 is a strategic move. It could bring significant benefits to both the conglomerate and the luxury goods market as a whole. With this move, LVMH gains access to unique skills and experience in developing complex clockwork mechanisms. Bernard Arnault and his team are proving that they can not only manage luxury brands, but also develop them and take them to new levels of innovation and exclusivity.
Luxury News Editor
Joanna Baran
source: lvmh.com
The company: LVMH
