11 January 2012

Hublot : Ricardo Guadalupe takes the reigns

Hublot makes the passing of the baton official. The watch brand has just annouced the appointment of Ricardo Guadalupe as CEO. He succeeds Jean-Claude Biver, with whom he worked for nearly 20 years in various companies.

 Ricardo Guadalupe came to Hublot in 2005, a year after Jean-Claude Biver. The manager began his career at Bulgari before joining Blancpain (Swatch group). Hublot has been owned by LVMH since 2008.

By Bruno Joly

archives Hublot

16/03/12
Watchmakers tickle fancies with feathers and bamboo
...gold at Hublot and aerospace-engineered zalium at Harry Winston. Jean-Claude Biver, chairman of Hublot, even carried around a steel file to demonstrate the indestructability of its new unscratchable gold that it...
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11/03/12
Luxury watch prices to tick higher in 2012
...chairman of Hublot, one of the fastest-rising watch brands within LVMH, told Reuters. "The exchange rate at 1.20 is artificial. We will certainly increase prices if the euro continues to weaken against the...
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7/03/12
Hublot unveils world's most expensive watch at $5 mn
...watchmaker Hublot unveiled on Wednesday the world's most expensive watch with a price tag of $5 million and inlaid with more than 1,200 diamonds, including six stones of more than 3 carats each.
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5/03/12
Watch makers gear up for world's biggest fair
...mood."Hublot, a subsidiary of French luxury goods group LVMH, will use the high-profile event to unveil "The $5 million" a watch comprising no less than 1,282 diamonds."This is the most precious watch ever...
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27/02/12
Police identify brain behind 2011 Baselworld diamond theft
...Dior, Hublot, Blancpain and Chopard, who present their most prestigious collections to some 100,000 visitors who come from around the world.
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1/11/11
Les Montres trade show to hold its 8th edition
...Hermès, Hublot, IWC, Jaeger-LeCoultre, Panerai, Pequignet, Vacheron Constantin, Audemars Piguet, Baume et Mercier and Tag Heuer. Furthermore, as usual, a series of other events will take place during the fair, such...
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29/08/11
Watchmaker Hublot to hike prices over franc
...watchmaker Hublot is being forced to hike its prices for pieces sold abroad because of the steep rise in the franc, the company's chief executive told a German magazine.
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26/07/11
LVMH set to dazzle with first-half figures
...000-euro Hublot watches may report a 13 percent rise in second-quarter sales, as demand from emerging markets, Europe and the United States remains strong.The luxury goods sector has enjoyed a solid rebound since...
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12/07/11
Louis Vuitton buys Swiss watch-maker La Fabrique du Temps
...acquired Hublot, which has become since the fastest-growing luxury watch brand within the group. (Reporting by Astrid Wendlandt; Editing by Leila Abboud and Jane Merriman)
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7/06/11
Lanvin chief declares email-free Wednesday
...brand Hublot, thought Andretta's idea was nice but unrealistic and impractical. "The one who can allow himself not to read or answer emails during an entire day in a working week indulges in real...
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8/04/11
New York hosts luxury watch show opened to the public
...Chopard, Hublot, Jaeger-LeCoultre, etc.
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28/03/11
Time no longer the essence for luxury watchmakers
...up an Hublot watch whose time can be slowed or sped up and another which is all black, making it difficult to tell the time at all. That luxury can set you back upwards of 15,000 Swiss francs. "The value of...
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8/03/11
Recent M&A in luxury goods sector
... LVMH/HUBLOT * LVMH acquired luxury watchmaker Hublot in 2008 at a price which valued the business at 10 times 2008 earnings before tax or 400-450 Swiss francs. PERMIRA/HUGO BOSS/VALENTINO * Permira bought...
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24/01/11
Luxury watchmakers fishing for friends on Facebook
...brand Hublot. "Social media can help generate sales in the future by raising the brand's status and image and creating desire for the brand," Biver said. Hublot is one of the most popular watch...
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9/12/10
Ecclestone turns assault into an advert
...advert for Hublot, a Swiss watchmaker part of the French luxury group LVMH.
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8/11/10
LVMH's Hublot eyes record year in 2011
...watchmaker Hublot expects 2011 to be another record year in terms of sales as the strong growth trends seen this year continue, the group's head told Reuters.
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29/06/10
Swatch Group founder Nicolas Hayek dies at 82
...timekeeper Hublot saying his death left "an incredible void" in the Swiss watchmaking industry.He left a company in good health. In May Hayek, who was often seen with two or three watches on each wrist,...
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7/06/10
M&A deals in watches seen less likely
...Watchmakers Hublot, Patek Philippe and Ulysse Nardin have seen double-digit growth since the beginning of the year, their chief executives told the Reuters Global Luxury Summit in Paris this week. Jean-Claude...
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6/06/10
European luxury brands see US growth
...watchmaker Hublot, said Jean-Claude Biver, chief executive of the company, which is part of luxury group LVMH (LVMH.PA) and is still a minor player in the United States.Biver expressed worries that Europe's...
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6/06/10
Hublot cautious due to EU debt worries
...watchmaker Hublot, part of luxury group LVMH, achieved record sales in the first five months of 2010 but is concerned that the European debt crisis will hit demand for expensive watches, its head said.
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