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News briefs

Hermès, Thierry Mugler, CFDA and Switzerland – News briefs

April 22, 2013

 

Today in luxury marketing:

Hermès takes majority stake in watch case maker
French luxury group Hermès has acquired a majority stake in Swiss watch case maker Joseph Erard, another step in a wave of consolidation that has seen watch industry players integrated in large luxury concerns, according to Reuters.

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