The Young Lvmh Heir Turning Tag Heuer Into A Billion-Dollar Brand

TAG Heuer is about to join the LVMH brands that generate more than $1 billion in annual revenue, the watchmaker’s CEO said.

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GENEVA—Among the many luxury labels that form LVMH Moët Hennessy Louis Vuitton lies an upper-echelon of brands that each generate more than $1 billion in annual revenue, driving the conglomerate’s business.

Frédéric Arnault—chief executive officer of TAG Heuer and the third son of LVMH’s top boss, Bernard Arnault—said the Swiss watchmaker is about to join those ranks. 

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This article was written by and originally published on www.wsj.com