Rolex downturn? LVMH’s ‘smaller’ Swiss watch brand grapples with Rolex over $150 million Formula 1 sponsorship deal

Quick Summary:

Tag Heuer, a watch brand owned by LVMH, is in talks to take over the sponsorship deal.

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Article Details

Author / Journalist: Andy Hoffman, Angelina Rascouet, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Switzerland Watches LondonWires Sponsorships LVMH Formula 1 Rolex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 11:38:36 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 17 words

Reading Time: 1 minutes read

Sentences: 16 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21761613

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About Fortune

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 9 hours ago

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