LVHM-owned watchmaker Zenith to cut jobs, shift upmarket, source says Reuters
LVHM-owned watchmaker Zenith to cut jobs, shift upmarket, source says - Reuters
In short
Zenith, part of the luxury conglomerate LVHM, is planning to streamline its workforce and concentrate on premium products, according to a Reuters report. This strategic shift is expected to boost the brand's market appeal and positioning.
Key points
- Zenith, part of LVHM, is reducing staff and concentrating on premium products.: Zenith, part of LVHM, is reducing staff and concentrating on premium products.
- The goal is to improve market position and attract a higher-end clientele.: The goal is to improve market position and attract a higher-end clientele.