Product details

Product details
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Thumbnail image for product with reference number 317-0113-1
Prize winner
Published by: INSEAD
Originally published in: 2017
Version: 6.2019
Revision date: 20-Mar-2020

Abstract

This is part of a case series. The Swiss company TAG Heuer, maker of luxury watches, is part of the LVMH group (Moet Hennessy Louis Vuitton). In 2015, CEO Jean-Claude Biver is deciding whether to launch its first-ever fully connected Swiss watch, manufactured in partnership with Google and Intel. Entering this new market presents an unprecedented challenge: making a watch based on a technology (microprocessors) that the Swiss have not mastered. Is TAG Heuer ready to compete in the digital space - and potentially without the traditional 'Swiss Made' label? Case B takes up the story following the successful launch of the TAG Heuer connected watch. Sales are beyond all expectations for the luxury Swiss watchmaker and its partners Intel and Google. There are a few surprises too - the consumers are older than they expected and the watches sell out far quicker than anticipated - hence the company runs into some supply chain issues.

Teaching and learning

This item is suitable for postgraduate courses.

Time period

The events covered by this case took place in 2015-2017.

Geographical setting

Region:
Europe
Country:
Switzerland

Featured company

Tag Heuer
Industry:
Watch; Mobile devices; Wearables; Luxury

Featured protagonist

  • Jean-Claude Biver (male), CEO

About

Abstract

This is part of a case series. The Swiss company TAG Heuer, maker of luxury watches, is part of the LVMH group (Moet Hennessy Louis Vuitton). In 2015, CEO Jean-Claude Biver is deciding whether to launch its first-ever fully connected Swiss watch, manufactured in partnership with Google and Intel. Entering this new market presents an unprecedented challenge: making a watch based on a technology (microprocessors) that the Swiss have not mastered. Is TAG Heuer ready to compete in the digital space - and potentially without the traditional 'Swiss Made' label? Case B takes up the story following the successful launch of the TAG Heuer connected watch. Sales are beyond all expectations for the luxury Swiss watchmaker and its partners Intel and Google. There are a few surprises too - the consumers are older than they expected and the watches sell out far quicker than anticipated - hence the company runs into some supply chain issues.

Teaching and learning

This item is suitable for postgraduate courses.

Settings

Time period

The events covered by this case took place in 2015-2017.

Geographical setting

Region:
Europe
Country:
Switzerland

Featured company

Tag Heuer
Industry:
Watch; Mobile devices; Wearables; Luxury

Featured protagonist

  • Jean-Claude Biver (male), CEO

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