This is the official statement published by LVHM last week:
Paris, September 21, 2018
After an extraordinary career spanning over 40 years in watchmaking, Jean-Claude Biver, together with LVMH, has decided to relinquish his operational responsibilities and assume the role of non-executive Chairman of the LVMH watchmaking division.
The reorganisation announced today will allow us to continue to grow our watchmaking division, with two objectives: delivering products of the highest technical quality, and continuing to grow our brands around the world. I am particularly pleased that
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