Rising expectations: The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand to rise by at least a tenth this year. — Reuters
ZURICH: The head of luxury group LVMH's Swiss watchmaking business expects sales of the TAG Heuer brand, which includes "smartwatches" that connect to the Internet, to rise by at least a tenth this year, he told Swiss newspaper Le Temps.
"TAG Heuer exceeds all our expectations. At the end of April, watch sales are up 20%. I hope for a minimum of 10% at the end of the year," Jean-Claude Biver said in an interview published on May 14.
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