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    Hublot chairman sees U.S. sales rising, more stores

    Wed, 06/20/2012 - 18:12 EDT - Reuters - Business News
    • businessNews

    (Reuters) - Hublot expects U.S. sales to represent a growing portion of the Swiss luxury watchmaker's global revenue in the coming years, helped by new stores and tourism at hubs like Miami and Las Vegas, Chairman Jean-Claude Biver said.




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    • Hublot chairman sees U.S. sales rising, more stores

      (Reuters) - Hublot expects U.S. sales to represent a growing portion of the Swiss luxury watchmaker's global revenue in the coming years, helped by new stores and tourism at hubs like Miami and Las Vegas, Chairman Jean-Claude Biver said. Hublot, a unit of LVMH , operates five U.S. stores and gets about 14 percent of its sales in that market. But that could grow to 10 stores and 20 percent of sales, Biver told Reuters on Wednesday. Hublot is set to open a sixth store, in Atlanta, in August. U.S. luxury sales have rebounded since the financial crisis in 2008. ...

    • Hublot chairman sees U.S. sales rising, more stores

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