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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." Corum introduced these days that Serge Weinberg continues to be appointed for the reason that company's new Chairman with the Board changing the late Severin Wunderman, who at first bought the Corum Team in 2000. The Corum team board will now be comprised of Serge Weinberg, Richard E. Tomlin, Jr. (Controlling Director in the Board) and Michael Wunderman (Innovative Director of your Board). Antonio Calce, Chief Executive Officer, will carry on to handle the worldwide functions of Corum and can report specifically towards the Board. Serge Weinberg started out his profession being a civil servant within the French administration from 19761981. Subsequent that, he was promoted to Chef de Cabinet towards the Price range Minister, Laurent Fabius in 1981. Weinbergıs organization administration encounter speedily grew from his many senior administration positions at FR3 and Havas. In 1990, immediately after a few many years as Basic Supervisor with expense lender Pallas Groupe, he joined the Pinault Team as CEO of CFAO. Subsequently, he grew to become the CEO of Rexel (19911995) then served as Chairman with the Conduite Board of PPR, the biggest nonfood retailer in Europe along with the 3rd most significant multibrand luxurious items organization on the planet.In 2005, he started Weinberg Richesse Companions focussing on LBO's and actual estate investments. At present, he's also the NonExecutive Chairman with the Accor Team and serves as being a director of Schneider Electrical, Gucci Team. Corum is often a familyowned and managed Luxurious Check out producer and distributor found in La ChauxdeFonds, Switzerland because 1955. Regarded as an exceptional, timeless brand name, Corum provides an array of outstanding timepieces which are authentic, having a oneofakind style and design and assorted attractiveness. The brand names development considering that 2005 has acquired recognition for its outstanding high quality.The big selection of collections the brand name carries incorporates styles outfitted with mechanical actions whose charges assortment from five,000 to one million US bucks. Each and every timepiece retains a distinctive attraction, eclectic overall look, and horological importance.