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In 2011 the Bulgari family, majority shareholder of the renowned Italian jewellery house established in 1884 by Greek silversmith Sotirio Bulgari, joined forces with the LVMH Group and transferred its majority shareholding in Bulgari SpA. The L3.7bn, all-share deal made the Bulgaris the second largest family shareholder of the LVMH Group. After the acquisition FRANCESCO TRAPANI, great-grandson of the founder, CEO of Bulgari SpA and the driving force behind its success over the past 20 years, was made a member of the LVMH board of directors and appointed President of the LVMH Watch & Jewellery Division. From his position now supervising Bulgari, Chaumet, De Beers, Fred, Dior Watches, Tag Heuer, Zenith and Hublot, he gives LUCY REITER the view from the top of the luxury pyramid.

Nick Foulkes - The luck of the drawer

Today heritage is a term that is used with a sort of wilful abandon. In fact I would guess that ‘heritage of the brand’ fights it out with ‘DNA of the brand’ for the title of most abused marketing cliché...

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Rising star

Date: July 08 (119) Category: Features Brand: Capella Hotels and Resorts

With years of experience as President & COO of Ritz-Carlton behind him, HORST SCHULZE set up Capella Hotels & Resorts, a new hotel management company he named after a brilliant star. It aims to create destination properties as well as hotels in business centres, all designed to meet the very individual demands of its high-end target market. Schulze has started by opening Capella hotels in Ireland, Germany and Austria with more on the way in Mexico, Singapore, Japan and Colorado. Here’s how he is doing it

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Luxury Indicator - The Online Luxury Goods Market

With the US online retail business forecast to increase at a 14% CAGR to an estimated $335bn by 2012 from...

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Pods… for presidents and peas

My favourite image of the month was the interior of a US Army Boeing C-17 Globemaster III en route, I...

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The Outside Edge

BY the time you are reading this, we expect to have heard our favourite answer in hospitality: “Ah, monsieur, here...

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The TAG Global Economic Macroview

In the past month, major economies across the globe continued to be rattled by high inflationary pressures and slowing economic...

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The TAG Luxury Stock Index

Year-to-date (as of 12/6/08), the TAG Luxury Stock Index was down 14.4%, underperforming the major market indices (year-to-date, the Italy...

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Weighty Matters

1 Indian financial services firms are considering M&A deals in Europe and North America (PWC). Inspired by industrial groups such...

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Brave new world

Everywhere one looks, luxury brands are talking about their focus on the new economies. For the big conglomerates, this means...

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Ettinger

Date: July 08 (119) Category: Features Brand: Ettinger

Credit crunch summer, and without much promise of a Euro or Wimbledon trophy to hoist, and no shoo-ins for Olympic...

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Stylenoir

Date: July 08 (119) Category: Media & Publishing, Reports Brand: Stylenoir

Stylenoir is a just-launched alternative fashion website and bi-annual publication. The website carries news, editorial and the Stylenoir TV channel,...

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