1999

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  • The French luxury goods manufacturerLouis Vuitton Moët Hennessy (LVMH) takes over Chaumet but is rebuffed when bidding for LMH. They quickly turn to TAG Heuer, and add Ebel and Zenith before the end of the year.
  • On 14 November a rattrapante wristwatch, brought onto the market by Patek Philippe in 1922, is auctioned at the auction house Antiquorium for US$ 1,918,387. This has been so far the highest price ever reached for a wristwatch in an auction.