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Hublot Dropped Manchester United After Ferguson Retirement

Hublot, the luxury watchmaker owned by LVMH Moet Hennessy Louis Vuitton SA, said Alex Ferguson’s retirement as manager of Manchester United contributed to its decision to end five years sponsoring England’s soccer champion.

The arrival of several new sponsors at the club was another reason behind Hublot’s decision not to renew its association, Hublot Chairman Jean-Claude Biver said by phone today. His version of events was disputed by Manchester United, which said the Nyon, Switzerland-based watchmaker was outbid.