Hublot’s CEO Ricardo Guadalupe and pianist Lang Lang at the opening of the Swiss watchmaker’s boutique in Ha Noi last week. — VNS Photo
Viet Nam will become a key market for luxury watches, according the CEO of Swiss watchmaker Hublot.
Ricardo Guadalupe told Viet Nam News the company could double or triple its business in the country in the next five years.
Hublot came to Viet Nam last year with one shop in Ha Noi and a pop-up store in HCM City.
Last week it opened the Hublot Boutique Ha Noi at the Hotel Sofitel Metropole.
This is its fourth boutique in Southeast Asia, all of them operated by its retail partner, The Hour Glass.
In Viet Nam, the company’s products are distributed by The Hour Glass S&S, a joint venture with local partner Sam & Sassy.
Hublot was founded in 1980 by Italian Carlo Crocco. — VNS