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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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…the beginning of the end for the PC?

Date: March 2012 (155) Category: Features

New research illustrates a rapid change in user behaviour away from PC-browsing, especially for luxury brands. With smartphone shipments overtaking PC shipments for the first time, luxury brands need to adapt to a mobile-centric world. PETER MATTHEWS at Nucleus asks: Is this...

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Creator of dreams

Date: March 2012 (155) Category: Features, Interviews Brand: Hampshire Hotels & Resorts

Hampshire Hotels & Resorts owns hotels in the US, Canada, the UK, India and Thailand, with over 3,000 rooms in Manhattan alone. Its chairman and CEO is the Indian entrepreneur, philanthropist and arts patron SANT SINGH CHATWAL, and his children – Vikram and Vivek Chatwal – both play active roles in the organisation. Sant Singh Chatwal first ventured into hospitality in Ethiopia when he purchased the Lebanese restaurant he had been managing and opened a second one serving Indian cuisine. When a new Marxist government seized his assets in 1975, he moved to Montreal, where he acquired two restaurants and pioneered French-Indian cuisine. His US career began in 1979 with the creation of Bombay Palace restaurant in Manhattan, which grew to 13 international locations by 1986. Soon after, he acquired Hampshire Hotels & Resorts, which he has grown to a $1.5 billion hospitality empire. The company’s sub-brand, Dream Hotels, is a full-service, lifestyle brand for gateway cities and resort destinations, characterised by trend-setting design, innovative and locally popular food and beverage offerings, and ‘relaxed’ luxury service. Its New York ?agship, the 316-room Dream Downtown, opened in a renovated modernist Albert Ledner building between Chelsea and Meatpacking in autumn 2011. In addition, Chatwal plans to develop the Night brand, positioned as an ‘affordably chic’ hotel option, and his newest, extremely high-end brand known simply as The Chatwal. LUCY REITER gets the lowdown on the new developments

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Diamond dressing

Date: March 2012 (155) Category: Jewellery & Watches, Reports Brand: Harry Winston

Harry Winston has launched its largest collection to date – 40 one-of-a-kind diamond and platinum necklaces, bracelets, rings and earrings....

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Pomellato

Date: March 2012 (155) Category: Jewellery & Watches, Reports Brand: Pomellato

Italian jeweller Pomellato has opened on Rodeo Drive. The 5,000 sq ft boutique is the company’s largest so far and...

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Swiss watchmaker Frédérique Constant has launched its first fine jewellery collection. The 15-piece Double Heart Line, available initially in the...

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London jewellery designer Solange Azagury-Partridge has recently opened her first store in Hong Kong, in IFC Mall in the Central...

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Buccellati

Date: March 2012 (155) Category: Jewellery & Watches, Reports Brand: Buccellati

A new Buccellati flagship has opened on New York’s Madison Avenue, replacing its East 57th Street location. The 900 sq...

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Badgley Mischka

Date: March 2012 (155) Category: Jewellery & Watches, Reports Brand: Badgley Mischka

Badgley Mischka has launched the Badgley Mischka Fine Jewelry collection. Initially on sale through Bloomingdale’s, it features 50 pieces including...

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De Beers Jewellery

Date: March 2012 (155) Category: Jewellery & Watches, Reports Brand: De Beers Jewellery

Not long after it opened its first store on mainland China in May last year, De Beers Jewellery has opened...

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Cartier

Date: March 2012 (155) Category: Jewellery & Watches, Reports Brand: Cartier

A three-minute film, which took two years to make, has been launched by Cartier as a very contemporary celebration of...

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