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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: Benchmark

Found: 21

2012: the trends in luxury

Date: February 2012 (154) Category: Features

STILL reeling from the impact of the global financial crisis and facing strong challenges from heavily discounted ‘masstige’ products, luxury market revenues are likely to remain stagnant in 2012, with the battle for minds and share-of-wallet increasingly heated. Tighter revenues means working harder or smarter for every penny, so while the coming year is going […]

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Natural born seller

Date: February 2012 (154) Category: Features, Interviews

What is the extent of your work and how do you manage it?
I am Chairman of DM London Ltd, a watch business that incorporates the Watch Gallery and the Watch Hut; I am also executive director at Huntsman, Savile Row, and executive director of Budd Shirts, Piccadilly. DM London is significantly bigger – annual turnover […]

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Aston Martin

Date: February 2012 (154) Category: Luxury Goods & Services, Reports Brand: Aston Martin

Aston Martin has opened its largest showroom in China and its second in Shanghai, in the city’s Pudong district. The new dealership showcases 18 vehicles and also includes a café, merchandise and sales areas, a fully equipped garage, and audio/visual displays by brands such as Jaeger-LeCoultre and Bang & Olufsen. The company has predicted that […]

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Financial Times

Date: November 2011 (152) Category: Media & Publishing, Reports Brand: Financial Times

The FT’s luxury lifestyle magazine How to Spend It has launched a free iPad app. It includes searchable content from 60 issues of the magazine; content from new issues posted seven days a week; daily additional postings including blogs, columns, interviews and news which aren’t in the print version; access to most magazine features and […]

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Top five dining trends in 2011

Date: September 2011 (150) Category: Luxury Goods & Services, Reports Brand:

1 Rebirth of the gentleman farmer
The rise of innovative growers from diverse backgrounds, such as lawyers and doctors, who have developed a love of farming as a second career, has created a
dynamic environment that is helping to revive the industry and its artisanal roots.
2 Omakase, with a mixology twist
Mixologists are creating on-the-spot customised drinks, based […]

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THE financial demise of Georgina Goodman has ignited a flurry of interest in 44 Old Bond Street. Sitting between Cartier and De Beers, the tiny boutique will undoubtedly attract the attention of watchmakers seeking representation in prime Old Bond Street. At the last count there were at least 14! As the administrator is keen to […]

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A natural call to action

Date: March 2011 (145) Category: Luxury Goods & Services, Reports Brand: Six Senses

Most of us nowadays are aware of our responsibilities when it comes to the environment. We know what we should be doing and try to do our part as far as we are able. However when it comes to hotels, there is, almost by de?nition, an appalling amount of waste. As customers, we have become […]

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Movie magic

Date: March 2011 (145) Category: Media & Publishing, Reports Brand: Imagine Fashion

Last month saw the launch to industry insiders of the preview of Imagine Fashion, an interactive digital publication that not only showcases fashion ?lms, but allows users to buy what they see. Viewers click onto the clothes, accessories, jewellery or cosmetics while the ?lm is running (the site has been designed so that it automatically […]

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Year-to-date (as of January 27), the TAG Luxury Stock Index retreated (2.1%), underperforming the major indices, which rose 3.8% on average. Year-to-date, the France CAC 40 (up 6.7%), S&P 500 (up 3.3%), Japan Nikkei 225 (up 2.4%) and FTSE 100 (up 1.1%) all increased.
Over the last month (since Dec 27 2010), the TAG Luxury Index […]

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WITHOUT doubt, London retains its status as the priority location in Europe for luxury and high-end brands and is likely to do so during 2011 and 2012. Early indications suggest that all the luxury groups have requirements for additional stores and boutiques throughout the main retail thoroughfares, and some beyond.
In 2010, the imbalance of the […]

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