Luxury Italian jeweller Bulgari is to expand its Hotel and Resorts division, which to date counts six locations in its portfolio. The company, which is part of the LVMH group of brands, is planning to open 15 new hotels including Paris in 2020, Moscow 2021 and Tokyo 2022. Bulgari's CEO Jean-Christophe Babin in an interview in Affari & Finanza...
Jul 10, 2018
Bulgari has joined forces with Rome’s Maxxi Museum to launch the Maxxi Bulgari Prize, aiming to elevate young contemporary artists. Previously known as Premio Maxxi, the competition has relaunched with the hope of ‘renewing and transforming itself, expanding its horizons’ said a spokesperson for the Museum in a press statement. A jury of...
Aug 22, 2017
Italy's stock exchange watchdog has fined Antonio Belloni, managing director of French luxury group LVMH, 350,000 euros (389,000 US dollars ) for divulging confidential information about an upcoming acquisition, it announced Wednesday. The fine relates to the 2011 announcement by Italian jewellery firm Bulgari that it had been taken over by...
Nov 3, 2016
London - In the book 'La Passion Creátive' by journalist Yves Messarovich, Bernard Arnault, Chief Executive Officer of luxury conglomerate LVMH, admits that he regrets not seizing an opportunity to invest in Microsoft. Nevertheless, Arnault, who oversees the operations of luxury fashion house such as Louis Vuitton and Christian Dior, remains...
Sep 21, 2016
A devaluation of the Russian rouble and governmental sanctions are not enough to keep luxury retailers out of the former Soviet Union. After Hermès tripped its retail floor space in Moscow, LVMH’s luxury jewellery brand Bulgari plans to open up to four more stores in Russia over the next 10 years, betting on the long-term prospects of its luxury...
May 27, 2016
The world's top luxury company LVMH has taken a minority stake in Italian jeweller Repossi to help it expand its distribution network, the two parties said Monday. "Given the reality of the market and competition today, I have decided to open up the company's capital and LVMH has taken a minority stake," said the brand's creative director, Gaia...
Nov 30, 2015
Accessories, jewellery and watch brand Bulgari is set to grow by two digits in the coming months, as advanced by the luxury label’s chief executive Jean-Christophe Babin. To achieve this level of growth, the French house will surpass the 300 boutiques in 2015. "We had a very good beginning of the year, so all else remaining equal, we think that...
Mar 23, 2015
Bulgari, the Italian jewellery brand controlled by luxury goods conglomerate LVMH, is being accused of tax evasion by the Italian authorities. The charges relate to when LVMH took control of the Italian jewellery label in a 3.7 billion Pound cash-and-share swap deal in 2011, and according to reports in WWD the brand is being accused of evading...
Jan 2, 2013
In a wave of criticism from the Italian press, Bulgari, the Rome-based jeweller, is seen as having turned its back on its compatriots having sold the pride of Italian luxury to the French, in its merger with LVMH. Mr Trapani, the nephew of the grandsons of Bulgari’s founder, Sotorio Bulgari, opened up to the FT and had a point to make about why...
Mar 14, 2011
Luxury fashion houses are further expanding into lifestyle and hospitality, like Armani and Missoni now Italian fashion house Bulgari is looking to open its first hotel in London next year. Bulgari already launched luxe hospitality concepts in Milan and Bali, besides a chocolate café in Tokyo. Rumour has it, the Bulgari Hotel will take up...
Feb 14, 2011
