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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 clichĂ©...

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archive

March 2009

I have always admired Sir Arnold Bax’s precept that “I will try anything once, except incest and folk-dancing.” So I have just become a hotelier...

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Date: 3rd Mar 09 Category: Blogs Author: Blogs, Stephen Bayley

First luxury casualty of the Crash of ’09 is the subterranean bar at Bob Bob Ricard, a stupendously wrong new Soho restaurant. This annoyingly named venture opened late in 2008 on the site of Circus: it takes the zeitgeist by the lapels and nuts it most forcibly. And the zeitgeist has not taken kindly to this assault...

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Year-to-date (as of 11/2/09), the TAG Luxury Stock Index was down 8.5%, underperforming most of the major market indices (year-to-date,...

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Date: 2nd Mar 09 Category: Blogs Author: Blogs, Future Lab

So, who’s been out shopping lately? As various luxury brands hurriedly rethink their plans for 2009, it is time to...

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Date: 2nd Mar 09 Category: Blogs Author: Blogs, Jeffrey Miller

BY now we are all too familiar with the disastrous sales figures of the 2008 holiday season as well as...

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Go with the (cash) flow

Date: March 09 (125) Category: Features, Law

Not terribly surprisingly, with the retail sector being hit hard, luxury brands and their suppliers have become more focused on...

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In my last column, I wrote that the recession might prove to be an opportunity for luxury brands to rethink...

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For the ultra-wealthy, commissioning a sailing superyacht is a way to buy into a fascinating project and to gain the high-luxury freedom of the seas. Naval architect ED DUBOIS is the talented pioneer of the sailing superyacht and has been setting the standard for their design since 1977. KATE PATRICK went to meet a man who has floated a few boats

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On Madison Avenue, Loro Piana will move to the south-west corner of 65th and Madison. Hailing from Florence, luxury watchmaker...

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Many landlords and vendors are currently focused upon converting transactions which in some cases have been outstanding since before Christmas....

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