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  August 21, 2014, 11:37 pm   
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[b][url=http://www.copyrolexdaytona.com/]rolex Yacht-Master II[/url][/b] [b][url=http://www.copyrolexdaytona.com/]rolex new 2013[/url][/b] [b]<a href="http://www.copyrolexdaytona.com/">rolex basel</a>[/b] Rolex Names Dufour CEO in Third Post Change Since 2008 By Thomas Mulier 2014-04-15T12:37:59Z - Comments Email Print Share Facebook Twitter Google+ LinkedIn Email Print Save Photographer: Gianluca Colla/Bloomberg [b][url=http://www.copyrolexdaytona.com]rolex[/url][/b] Rolex has faced increasing competition from Swatch Group AG and Cie. Financiere Richemont SA in the quest for consumers’ wrists as Swiss watch exports have doubled in the past decade. Close [b]<a href="http://www.copyrolexdaytona.com">rolex</a>[/b] Rolex has faced increasing competition from Swatch Group AG and Cie. Financiere... Read More Close Open Photographer: Gianluca Colla/Bloomberg [b][url=http://www.copyrolexdaytona.com]rolex daytona[/url][/b] Rolex has faced increasing competition from Swatch Group AG and Cie. Financiere Richemont SA in the quest for consumers’ wrists as Swiss watch exports have doubled in the past decade. [b][url=http://www.copyrolexdaytona.com]replica rolex[/url][/b] Rolex will make its third change in top leadership since 2008, naming Jean-Frederic Dufour to become chief executive officer of the 109-year-old maker of Swiss timepieces. [b][url=http://www.copyrolexdaytona.com]replica rolex[/url][/b] Dufour, head of LVMH Moet Hennessy Louis Vuitton SA (MC) ’s Zenith watch brand, will replace Rolex CEO Gian Riccardo Marini at a date to be decided, the Geneva-based company said today in a statement. Dufour helped restructure Zenith since becoming the division’s CEO in 2009, refocusing product lines and returning to more classic models to rejuvenate sales. Previously, he worked at Chopard, Swatch Group and Ulysse Nardin. [b][url=http://www.copyrolexdaytona.com]replica rolex[/url][/b] Closely held Rolex has faced increasing competition from Swatch Group AG (UHR) and Cie. Financiere Richemont SA (CFR) in the quest for consumers’ wrists as Swiss watch exports have doubled in the past decade. Together the three companies sell about 46 percent of the world’s timepieces by value, according to estimates by Bank Vontobel. “Rolex has missed one step or two in the competition to be the top dog in the watches business,” said Luca Solca , head of luxury goods research at Exane BNP Paribas. The industry’s growth slowed last year as China ’s government clamped down on bribery and extravagant shows of wealth among state officials. Swiss watch exports rose 1.9 percent in 2013, the slowest growth since the financial crisis. ‘Young Ideas’ “Dufour did a great job at Zenith, which was close to dead,” said Rene Weber, an analyst at Vontobel who said the new CEO will bring “some young ideas” to Rolex. Rolex doesn’t publish financial information. The company probably generates annual sales of about 4.5 billion Swiss francs ($5.1 billion), compared with 8.5 billion francs at Swatch, which owns brands including Omega and Harry Winston , according to estimates by Jon Cox, an analyst at Kepler Cheuvreux. That would make Rolex the world’s largest watch brand by revenue, Cox said. “There is a conflict within the organization between the modernizers, who want to see faster development and more innovation, and more traditionalists, who want to see a more steady-as-she-goes approach and blame overexposure to greater China for current woes,” Cox said. Rolex was run by members of the Heiniger family for almost half a century until December 2008, when Patrick Heiniger resigned. Bruno Meier, formerly Rolex’s chief financial officer, succeeded Heiniger, who died in 2013. Marini replaced Meier in 2011. “They overlooked the intermediate price opportunity in China,” Solca said, adding that Rolex’s Tudor brand is “only now catching up” after Swatch’s Longines has built a “major position there.” Rolex produced 11.8 percent of the watches sold by value in 2012, compared with 18.3 percent for Swatch Group and 15.7 percent for Richemont, Vontobel’s Weber estimates. To contact the reporter on this story: Thomas Mulier in Geneva at tmulier@bloomberg.net To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net Tom Lavell, Paul Jarvis Facebook Twitter Google+ LinkedIn Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions. Please enable JavaScript to view the comments powered by Disqus. [b]<a href="http://www.copyrolexdaytona.com/">rolex datejust</a>[/b] [b][url=http://www.copyrolexdaytona.com/]rolex submariner replica[/url][/b] [url=http://verycheapweddingdressesonline71.webs.com] II blog [/url] [url=http://uggsonsalekids9.webs.com] II [/url] [url=http://womenclothing7.webs.com] About copyrolexdaytona.com blog [/url]
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[b][url=http://www.nikesok.net/]nike shoes for men[/url][/b] | [b][url=http://www.nikesok.net/]nike shoes[/url][/b] | [b][url=http://www.nikesok.net/]nike shoes for women[/url][/b] You can forget about buying a new Nike FuelBand By Chris Smith April 21, 2014 6:25 AM 0 shares Content preferences Done . View photo Apple and Nike reportedly developing a ‘smart band’ with gesture controls [b][url=http://www.nikesok.net]nike[/url][/b] Nike has decided against making wearable hardware, CNET reports, as the popular sportswear company has fired the majority of FuelBand employees. Instead, Nike will focus on software in the future, with the rumored slimmer FuelBand having been canceled. [b][url=http://www.nikesok.net]nike tennis shoes[/url][/b] “As a fast-paced, global business we continually align resources with business priorities,” Nike spokesman Brian Strong told the publication. “As our Digital Sport priorities evolve, we expect to make changes within the team, and there will be a small number of layoffs. We do not comment on individual employment matters.”[b][url=http://www.nikesok.net]nike outlet shoes[/url][/b] As many as 55 people of the 70-employee Nike FuelBand were let go on Thursday, although the number has not been officially confirmed. Some of the team members will be staying on at Nike until May, but it’s not clear whether the former FuelBand team members will join other Nike divisions. The Nike Digital Tech division that works on the Web software for the FuelBand has not been affected by the move.[b][url=http://www.nikesok.net]nike blazer[/url][/b] Even though Nike will not be manufacturing any new devices, the company said that it’ll keep selling the FuelBand. “The Nike+ FuelBand SE remains an important part of our business. We will continue to improve the Nike+ FuelBand App, launch new METALUXE colors, and we will sell and support the Nike+ FuelBand SE for the foreseeable future,” Strong said.[b][url=http://www.nikesok.net]nike air jordan[/url][/b] While ditching hardware may seem surprising, considering that many electronic device makers have already launched, or are working on new wearable devices including smartwatches and smart bands, Nike may be more interested in partnering up with these companies, including Apple and Google , and create fitness software for their upcoming devices.[b]<a href="http://www.nikesok.net">nike air max</a>[/b] “Partnering with industry-leading tech companies is nothing new for Nike,” Nike’s Strong said. “We have been working with Apple to develop products since 2006, when we introduced Nike+ Running, and Nike has since created iOS Apps including Nike+ Training Club, Nike+ FuelBand and Nike+ Move.”More from BGR: Forget 5G – 10Gbps WiFi is coming next year This article was originally published on BGR.com Related stories Smartwatches and fitness bands to hit the big time this year Apple patent suggests real-time sharing of fitness workouts coming to iOS Apple granted 22 new patents, including one for &#39;smart&#39; clothing Business Nike FuelBand [b][url=http://www.nikesok.net/]cheap nike shoes[/url][/b] [b]<a href="http://www.nikesok.net/">nike running shoes</a>[/b] [url=http://TiffanySale73.webs.com] men blog [/url] [url=http://Cheapwatches282.webs.com] men [/url] [url=http://tiffanyandcooutlet61.webs.com] About nikesok.net blog [/url]