Bulgari's 1st accessories store in Japan coming soon

18 Oct '05

3 min read

Through these acquisitions the Bulgari Group testifies once again its commitment for an upstream vertical integration strategy aiming to optimise the production processes. This strategy was successfully started some time ago with the acquisition of 100 percent of Crova in two phases (December 2003 and December 2004) in the jewellery sector and of a 50 percent stake of Cadrans Design (April 2005) in the watchmaking sector.

The recent acquisition of Bulgari Accessori S.r.L. will enable the Group to go on with the development of the accessories business especially in light of the outstanding sales performance posted by this segment (+35.0 percent in the first semester 2005).

A fundamental step for this project, in fact, will be the opening of the first Bulgari store fully dedicated to accessories: the new 120 square metres store will open at the end of November in the department store Shinsaibashi Sogo of Osaka (Japan) and will be adjoining the 120 square metres jewellery and watches store opened by the brand in September this year.

Luxury products player Bulgari has a product portfolio that ranges from jewels and watches to accessories and perfumes. This Contemporary Italian jeweler and watchmakers company Bvlgari style is a balanced mix of classicism and modernity in a continuous search for innovative design and materials, with a special attention towards colour combinations.

Bulgari has a product portfolio that ranges from jewels and watches to accessories and perfumes. The Group is controlled by the Bulgari family, holding about 52.0 percent of the share capital. The remaining 48.0 percent is floating on the Milan Stock Exchange.

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