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Becomes second largest family shareholder in LVMH Group.
March 7, 2011
By: TOM BRANNA
Editor
The Bulgari Family, majority shareholder of the Italian luxury group established in 1884 by Sotirio Bulgari, has joined forces with the LVMH “in order to reinforce, in accordance with its history, values, craftsmanship and identity, the long term development of the Bulgari Group,” LVMH announced this morning. Bulgari has a strong leadership position in the jewelry and watch segment, but also plays an important role in the fragrance and cosmetic segments. The agreement was concluded this we...
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