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Friday, September 17, 2010

Hublot Plans Big Push into China


Luxury Swiss watch brand Hublot, which recently opened a flagship store in Singapore, is going after the China market in a big way.

The brand, owned by LVMH Moet Hennessy Louis Vuitton SA, says it plans to have 15 stores in the country by next year, Bloomberg News reports. Jean-Claude Biver, Hublot CEO, told the news service that China offers 30 years of growth.

“It’s such a huge country that I see no limit for luxury brands,” 62-year-old Biver told Bloomberg. “I might die in 30 years, so I see no limit.”

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