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The Moet Hennessy Louis Vuitton replica watches & Jewelry category experienced increased profits for 2007. Among the brands in the luxury group giant's portfolio which were significant performers for the year include Zenith, Dior, Chaumet, and particularly TAG Heuerwhich has gained strong ground in all its markets thanks to a program of increasingly upscale brand positioning, the introduction of dynamic new models and technical specialties, and the reinforcement of already popular collections. After Dec. 31, LVMH reported that net profits had risen 8 percent, on top of the 30 percent which was recorded for 2006. Revenue, at $16.5 billion euros, also experienced a growth rate of 8 percent. LVMH is pleased with the results, which it feels are particularly notable given the negative impacts of currency rates that affected the latter half of the year. LVMH chairman Bernard Arnault commented, "The excellent performance in 2007 illustrates the vitality of our major brands which continue to strengthen and gain market share. The year also confirmed the strong potential of our high growth rising star brands and the Group's leading position in emerging markets...we will rely on the strength of our growth model, the exceptional innovation of our brands and the talent of our teams to make 2008 another year of growth." German observe maker A. Lange & Söhne marks the occasion of hiring its 500th employee, with the addition of young watchmaker Nadine Görgl, 19. Miss Görgl, who will lend her skills to the final adjustment section, joins a team of eleven gifted new watchmakers, seven of whom received their watchmaking education from Lange's proprietary watchmaking school. A. Lange & Söhne has experienced a truly notable degree of success since the brand was revived in 1990, following the collapse of the Berlin Wall and German reunification. Walter Lange, greatgrandson of founder Ferdinand Adolph Lange envisioned that the brand would eventually be able to employ somewhere around 100 watchmakers, but customer appetite for exceptional A. Lange & Söhne timepieces has been a happy circumstance that has necessitated a far larger staff. A. Lange & Söhne CEO Fabian Krone stated, "Because of the growing global demand for the timepieces created by A. Lange & Söhne, we expect the need for highly qualified staff to remain over the coming years. And since the number of complicated observe movements is continuing to increase, there will still only be a few thousand replica watches leaving the manufactory each year in the future despite the growing size of the workforce." Currently, Lange is planning to expand its production facilities, a project which will begin this year. The Glashutte view industry, comprising a handful of brands, employs somewhat over 1,000 individuals. Of this number, approximately half are employees of the A. Lange & Söhne firm. The company is particularly proud of its contributions to the cultivation of new watchmakers, noting that more than fifty watchmaking students have graduated from the Lange Watchmaking School, with another twentyfive currently undertaking their professional training.

2026-02-07 06:12:00

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2026-02-07 06:12:00