Editor
LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury conglomerates and shoppers.
LVMH Moët Hennessy Louis Vuitton SE is acquiring Swiza SA, the owner of L’Epée, according to a statement Tuesday. Terms were not disclosed.
The acquisition adds a small but prestigious brand to LVMH’s watchmaking division, which is headed by Frédéric Arnault,…
