LVMH’s watch division takes a minority stake in La Joux-Perret
LVMH’s watch division takes a minority stake in La Joux-Perret LVMH’s Watches Division has acquired a minority stake in Swiss movement maker La Joux-Perret (LJP) , alongside a strategic commercial partnership to bolster production and innovation for brands like TAG Heuer, Hublot, and Zenith . Citizen Group remains the parent; LJP stays operationally independent and will keep supplying other clients. LVMH (Watches & Jewelry) Type: Division of LVMH Moët Hennessy Louis Vuitton (public; Euronext Paris). Sectors/industries: Watches & jewelry (brands include TAG Heuer, Hublot, Zenith ; plus jewelry houses Bulgari, Tiffany & Co. ). Main subsidiaries/brands (examples): TAG Heuer , Hublot , Zenith , Bulgari , Tiffany & Co. (brand portfolios sit under different LVMH groups but collaborate with the Watches Division). La Joux-Perret (LJP) Type: Swiss movement manufacturer (La Chaux...