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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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In a world which constantly grasps for the ‘new’, and fabrication continues to be the order of the day, it is rare to find a business which concentrates solely on conserving the past – and even the very recent past. In the coming decade, post-recession, will it bene?t from a backlash against ‘throwaway culture’? KATE PATRICK finds out
AS a heartwarming counterpoint to the march of technology documented elsewhere in this issue, comes news of a business that focuses on restoring things, and not just fragile pieces of furniture from the 15th century or creaking, cracking paintings. Hatfields is so confident about the skills of its master craftsmen that it claims to be […]
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