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Bulgari Is Making Money Again

Less than two months after selling a majority stake to LVMH, Bulgari SpA stated that they've returned to profitability. CEO Francesco Trapani attributes their financial gains to "competitive product development, strong communication, advancement of its shopping experience and cost control." Their net profit totaled $13 million, compared with a loss of $11.4 million in the same period last year. [WWD]

Photo: Courtesy of Bulgari

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Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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