Luxury Power House LVMH houses the finest brands in the world from Veuve Cliquot to Louis Vuitton to mega successful watch brands such as Zenith, Hublot and Tag Heuer.
Recently, there were some changes made in their luxury watch and jewelery houses. As of March 1, 2014, Mr. Francesco Trapani, head of watches jewelry for Bulgari has decided to step down after successfully leading the integration of Bulgari into LVMH. Those of you who are unaware, LVMH acquired Bulagri back in March of 2011. Mr Trapani will become an adviser to Group Chairman, Mr. Bernard Arnault, on matters relating to the Group’s jewelry operations, and will keep his seat as Director on the Board of LVMH Moët Hennessy Louis Vuitton.
The jewelry division of LVMH including: Bulgari, Chaumet and De Beers will now report to LVMH Group Managing Director, Mr. Belloni.
The ultra successful and innovative Jean Claude Biver, President of Hublot will take over the other watch brands Zenith and Tag Heuer.
In the words of Mr Bernard Arnault, LVMH Chairman, “Over many years Francesco Trapani has progressively built Bulgari into a brand respected around the world for its refinement and appeal. Over the past three years, Francesco has successfully completed the integration of this prestigious brand within our group. I am delighted that I will continue to be able to draw on his wisdom and advice in the years ahead. I am also delighted that Jean-Claude Biver has agreed to lead our wacthmaking activities. His experience and achievement within this sector speak for themselves, best illustrated by the remarkable success of Hublot. I am convinced that his entrepreneurial talent and creativity will add significant momentum to our other brands in the sector.”