First mentioned: 5/19/2022
Last mentioned: 5/19/2022
Total mentions: 1
Most mentions: 2022
TAG Heuer S.A. is a Swiss-based luxury watchmaker with a rich history dating back to its establishment in 1860 by Edouard Heuer in St-Imier, Switzerland, under the name Uhrenmanufaktur Heuer AG. In 1985, TAG Group acquired a majority stake in the company, leading to the formation of TAG Heuer. Subsequently, in 1999, the Swiss company saw a significant change in ownership when French luxury goods conglomerate LVMH acquired nearly 100 percent of the company. The name TAG Heuer is derived from the initials of "Techniques d'Avant Garde" and the founder's surname.
Tag Heuer on Bitcoin
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The Swiss luxury watchmaker started accepting Bitcoin amongst other cryptocurrency payments through a partnership with BitPay in May 2022. Frederic Arnault, CEO, said 'we have been following cryptocurrency developments very closely ever since Bitcoin started trading... We knew TAG Heuer would adopt what promises to be a globally integrated technology in the near future despite the fluctuations - one that will deeping transform our industry and beyond.'