Louis Vuitton 2015 Annual Report Download - page 89
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33 / 42
LVMH 2015
—
Watches & Jewelry
Éphémère” pop-up exhibit was opened on the Place Vendôme
in Paris, displaying Chaumet’s historic and current creations
on the theme of naturalism, a hallmark of its heritage.
MONTRES DIOR benefi ted from the success of the Grand
Bal fi ne timepiece collections.
DE BEERS consolidated its position as the leading reference
in the solitaire diamonds segment.
FRED was buoyed by its iconic Force 10 line and opened a
new fl agship boutique in Paris.
OUTLOOK
The Watches and Jewelry business group
is actively pursuing its market share growth
targets. Its masterful watchmaking and
jewelry-making expertise, the creativity
of its products and the brands’ reputation
and image of excellence remain the key
vectors of its momentum and its future
development. Against a mixed economic
backdrop, this strategy continues to
be combined with rigorous management
and highly targeted resource allocation.
Over the coming months, the brands will
continue to invest in the most buoyant,
promising regions as a priority to raise
their pro les there. They will focus
on optimizing the geographic coverage
of their retail networks and enhancing
the quality of their stores while increasing
their productivity and pro tability.
At Hublot, speci cally, a new agship store
opening in New York will be a highlight
of the rst half of the year. Further efforts
will be made to expand manufacturing
capacity and create synergies within
the business group. Bvlgari, speci cally,
will continue the construction of its new
manufacturing facility in Valenza, Italy,
set to open in mid-2016. Lastly, in
an illustration of their energy, innovative
mindset and expertise, all the watches
and jewelry brands will enrich their
collections, ever guided by a spirit of
creativity and commitment to excellence.
Hublot