Born in 1977, the Pierre Lannier watch brand continues its development. With a double trend: more made in France and at the same time more sales abroad.
Published
Update
Reading time :
5 min
:quality(50)/2023/10/19/tof-65311584a5ca6605822080.jpg)
Boredom sometimes has unsuspected virtues. When Pierre Burgun’s mother, then unemployed, urged her husband, in 1977, to create a company to find him work, this gave rise to the Pierre Lannier watch brand. First import, from Asia, before French production. More precisely Alsatian; the cradle of the brand is located in Ernolsheim-lès-Saverne, a village of 600 inhabitants.
Leader in watches under 500 euros
Today, it is the couple’s son, Pierre Burgun, who runs the company. “Pierre Lannier, it’s not because my name is Pierre, but because my parents wanted a name that sounded like that of a fashion designer”, explains the current CEO. The brand now sells 350,000 watches per year, in more than 60 countries, with a turnover of 17 million euros. And it positions itself as the leader in France, for watches for less than 500 euros. “The average price is between 100 and 300 euros. specifies Pierre Burgun.
Export, number one objective
After conquering France, by repatriating 75% of production to the country – part is still done in Madagascar – Pierre Lannier is targeting the international market. Exports have suffered greatly with Covid. “The objective is therefore to achieve 30% more this year, says Pierre Burgun, so that ultimately, exports represent 50% of our turnover.”