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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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Searched for: Audi

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Bottega Veneta
A fourth store in Shanghai – and 22nd in China – has been opened by Bottega Veneta. The boutique, located at the Yi Feng Galleria mall near the Bund waterfront, is the brand’s largest in China and the first to double as gallery space, displaying work by up-and-coming Chinese photographers. The opening showcased the […]

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Luxury law: (Ab)use of language

Date: May 2012 (157) Category: Features, Law

It is well known that David Cameron’s Conservative-led coalition government has pledged to reduce net migration from the hundreds of thousands to the tens of thousands. Since mounting this charge, however, the government has often appeared more like Lord Tennyson’s Light Brigade than Henry V at Agincourt. And while it may publicly profess an intention […]

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JUST as the arrival of Alexander McQueen in ‘The Row’ was timed to perfection to coincide with the inaugural menswear fashion week, the likelihood of The Kooples and Abercrombie Kids opening in the spiritual home of the bespoke suit has come as an unpleasant surprise to the Establishment. “Mixing orange squash (not even fresh juice) […]

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Travel & Hospitality Futures 2013

Date: May 2012 (157) Category: Features

INDUSTRY-SHAPING TOPICS
1 Post-materialist luxury
In mature economies, a new concept of luxury travel is emerging, as considered consumption becomes the norm amid worries about recession and rising energy and commodity costs. Sonu Shivdasani, chairman and CEO of Six Senses Resorts and Spas, says: “The recession is acting as a wake-up call for wealthy consumers, who are […]

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Bubbling with enthusiasm

Date: May 2012 (157) Category: Features, Interviews Brand: Piper Heidsieck

Where does Piper Heidsieck fit into the champagne industry of today?
Piper Heidsieck is the number three brand on the export market so it’s a really major player. In domestic markets it depends on the country – in Belgium we’re number one. So it’s a very powerful brand and you’ve got the red label all over […]

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It’s a man’s world

Date: April 2012 (156) Category: Features, Interviews Brand: Alfred Dunhill

What are your plans for the brand this year and beyond?
Chris Colfer: We’re in the fourth year of a five-year plan, and the single biggest plan for the business over the last couple of years has been to rotate it from being a wholesale-led business to a retail-led business – so it’s the retail-isation of […]

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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. LUCY REITER gets the lowdown on the new developments
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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 ft boutique has two levels, and its 1,000 sq ft second floor has a lounge for appointments and events. “The majority of our clients live (near) here,” explains CEO Alberto Milani. “It’s more intimate, a […]

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Brazilian bombshell

Date: March 2012 (155) Category: Fashion & Accessories, Reports Brand: Macy's

This spring will see the launch of ‘A Magical Journey to Brazil’ at US department store Macy’s. The two-month promotion will highlight Brazil’s design and culture, with nearly all its 800 stores featuring something Brazil-related. Three hundred Macy’s will be launching curated shops offering authentic Brazilian products in fashion, home, beauty, menswear, accessories and art, […]

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