The French Luxury Group LVMH has appointed Stephane Bianchi as head of the Group’s Watch division as from November 1st.

He will become also the CEO of Tag Heuer and oversee the two other Watch brands in the Group, Hublot and Zenith.

Bianchi, 53, was the former CEO of the cosmetics Group Yves Rocher.

Mr Jean-Claude Biver, the current head of The Watch Group, is stepping down for health reasons, but will remain as non-executive chairman of the division, the company says.

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