LVMH Group reports a positive 2019 first quarter for the Watches & Jewelry Division, which comprises TAG Heuer, Bulgari, Hublot and Zenith among others. With revenue of just over EUR 1 Billion during the period (EUR 1,046 million to be precise), the Watches & Jewelry Division records a 9% reported growth, while the organic growth is up by 4% compared to the same period in 2018.
The innovative products presented by LVMH's watch brands at the Baselworld Watch & Jewelry Fair were very well received, including Hublot’s Classic Fusion Ferrari GT watch, Bvlgari’s Serpenti Seduttori and Octo Finissimo Chronograph GMT Automatic watches, TAG Heuer’s connected watch model for golfers, and Zenith’s new Defy Inventor and Defy El Primero 21 Carbon models. If the trend continues, the LVMH Group could be on track for another record year.