Bulgari: ‘Stagnant UK economy and the lack of tourists’ force luxury brand into the red

City A.M.

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An uptick in the sale of high-end jewellery and watches failed to stop the UK arm of Bulgari falling into the red during its latest financial year. The London-headquartered division, which is part of the LVMH Group, said that while its overall turnover declined in 2023, it still expects the sale of jewellery and watches [...]

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