Business as usual’ for local TAG supplier

Mr Mark Blackadder, managing director of LOGO Australia said, “It’s unfortunate that LVMH, the owner of the TAG Heuer Eyewear brand license could not reach an agreent to extend the manufacturing license with but we have 3,500 units in stock and will continue to service our accounts with delivery, after-sales service and warranty issues.”According to Blackadder, LOGO SAS has been forced to close the factory in Morez under the direction of the French government administration.{{quote-A:R-W:450-I:2-Q: I will do everything in my power to retain the distribution rights for TAG Heuer Eyewear under my own company MyM Group, once the announcent is made. -WHO:Mr Mark Blackadder, Managing Director of LOGO Australia}}“Louis Vuitton Moët Hennessy [LVMH] is yet to announce whom the new manufacturer of the brand will be,” Blackadder explained, “however, LOGO Australia will continue to operate for the short term until we are informed by the French administrator about the final outcome. Obviously, I will do everything in my power to retain the distribution rights for TAG Heuer Eyewear under my own company MyM Group, once the announcent is made.”Blackadder’s new company, MyM Group distributes the European luxury brands, Flair, Wunderkind, Vaurnet and Von Arkel. The major launch of MyM Group’s brands will be at SILMO Sydney in March.He believes there’s a good chance that MyM Group is best placed to continue to distribute TAG Heuer Eyewear in Australia – once a new manufacturer is appointed – given the success he has had with the range over the past eight years. The collection is currently available in more than 220 stockists.In order to clear current TAG Heuer Eyewear stock, LOGO Australia is offering optical frames and sunglasses at 30%–50% discount.“It is certainly a busy time for LOGO Australia as the sale stock has proven very popular to many stockists over the past two weeks, since the announcent has been made”, he said.