Francois-Henri Pinault, CEO of the French luxury conglomerate, Kering, has recently announced his company’s acquisition of Ulysse Nardin. Famed for its intricate designs, in-house movements, and pioneering in the use of silicon components, Ulysse Nardin is a legend in the Swiss watchmaking industry. According to Pinault, the addition of this brand will not only be highly profitable initially, but will continuously foster revenue for years to come.