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Tag: Bvlgari

  • Bvlgari makes Vietnam comeback

    Bvlgari makes Vietnam comeback

    Italian luxury brand Bvlgari has returned to Vietnam and opened its first store in HCMC.

    The store opened in a shopping mall in District 1, HCMC, in February but without a formal opening ceremony due to the Covid-19 outbreak and official orders not to congregate in large numbers.

    The brand is known for its Bvlgari Serpenti jewelry and watches, the B.Zero1 Jewellery collection and Octo Finissimo watches.

    Some of its products cost more than €25,000 ($30,180).

    The brand used to be sold in Vietnam through a local distributor, Imex Pan Pacific Group, until March 2019. In October that year, it established a subsidiary in the country.

    A Bulgari Vietnam spokesperson told VnExpress it returns to Vietnam due to the potential of the market owing to rapid urbanization and economic growth.

    It is the right time to return since “we will be able to approach our potential customers, who usually buy luxury products when traveling to foreign countries,” the spokesperson said.

    According to the market and consumer data provider Statista, the Vietnamese luxury goods market is expected to be worth $1.14 billion in 2021 and grow at 7.17 percent annually until 2025.

    Bvlgari, founded in 1884 sold a majority stake in 2011 to French luxury group Moët Hennessy Louis Vuitton.

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  • Bvlgari’s cinema themed pop-up at Singapore’s ION Orchard mall

    Bvlgari’s cinema themed pop-up at Singapore’s ION Orchard mall

    High-end Italian jewellery house Bvlgari has opened a pop-up retail place this month in Singapore. Located on level one of the ION Orchard mall, the “Pop (Up) Corn” shop is decked out in saccharine pink and blinking neon lights and takes inspiration from 60s Italian theatre.

    It is also a mini-reproduction of the Italian luxury brand’s Via Condotti boutique in Rome where Hollywood icons such as Audrey Hepburn and Elizabeth Taylor would shop when in town.

    Inside, the pop-up offers limited-edition Bvlgari handbags including Serpenti and Divas Dream bags in calfskin leather, as well as sparkling jewellery pieces and watches.

    The standout piece is the limited-edition matching set of a Bvlgari-Bvlgari necklace and bracelet in rose gold, which is an ION Orchard exclusive. Not to mention a series of cinema-themed objects such as glitzy popcorn boxes, rectangular ticket stubs and dazzling neon lights.

    The Pop (Up) Corn store is open now until December 31.

    The new pop-up serves as a precursor to the official store opening in ION Orchard from Bvlgari in December, joining the store in Marina Bay.

    It’s not the first time Bvlgari has opened a pop-up store in a key capital city.

    In 2017, Bvlgari opened a pop-up store inside France’s Galeries Lafayette department store on boulevard Haussmann in Paris.

    Bvlgari operates flagship stores in most Asian cities including Singapore, Taipei, Shanghai, Beijing, Hong Kong and Macau.

    Founded in 1884 in Rome Sotirios Voulgaris, Bvlgari is now majority-owned by French luxury conglomerate LVMH Group.

    For the first-quarter 2018, LVMH’s watches and jewellery category, which Bvlgari is a part of, witnessed 8% growth in revenue terms and 14% organic growth in the category, totaling 9.5 billion euros. Overall revenues tipped 33 billion euros for the three months ending September 30.

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  • DFS Group Announces Exclusive New Bvlgari Collection

    DFS Group Announces Exclusive New Bvlgari Collection

    DFS Group, the world’s leading luxury travel retailer and the magnificent Italian High Jeweler, BVLGARI, are delighted to introduce the new Serpenti Passion Red collection, available exclusively at DFS airport stores and T Gallerias from January 1, 2018.

    This exclusive collection introduces four new brilliant BVLGARI pieces, immediately recognizable by their
    unmistakable Italian design reflecting 2,700 years of Roman history, and embracing stylistic audacity and a
    penchant for rich, vibrant colour.

    The collection features two Serpenti Twist Your Time watches with interchangeable straps crafted in calf and
    Karung leather in pink and red or burgundy and black, a Serpenti Seduttori pendant with a ruby eye, and a
    Serpenti Forever ruby red handbag in brushed metallic calf leather with a red and white Serpenti head and onyx
    eyes.

    Christophe Chaix, DFS Group Senior Vice President Fashion, Watches, Jewelry and Accessories said the introduction of the new collection symbolizes DFS Group’s appreciation of BVLGARI’s unrivalled commitment to high-end quality.

    “We are delighted to continue our unique partnership with BVLGARI, whose name is synonymous with a luxurious lifestyle,” said Christophe. “These stunning new designs are a perfect complement to DFS’ belief that
    life should be lived beautifully. We are sure our discerning traveling customers will be thrilled to find Serpenti
    and Seduttori in our collection of fine watches and jewelry.”

    Lelio Gavazza, Executive Vice President Sales and Retail BVLGARI, said the new collection signifies what
    BVLGARI is and has always been about; homage to legacy, and the grace of uniquely designed jewelry,
    watches and bags.

    “BVLGARI is pleased to present this exclusive capsule collection to DFS. This premium network represents the
    ultimate luxury retail shopping experience in travel retail channel. With BVLGARI‘s unique products combined
    with DFS expertise in delivering customized customer experience, we are certain to satisfy various travelers’
    needs, especially during the coming Chinese New Year holiday. ”

    DFS brings BVLGARI’S new Serpenti Passion Red range to global travelers, luxury shoppers and particularly
    to customers in Hong Kong, China, Macau and Japan who value high-quality luxury fashion and jewelry.
    BVLGARI’sSerpenti Passion Red will be available for purchase at T Galleria by DFS stores worldwide until 31
    December 2018.

    Details of the new BVLGARI Serpenti and Seduttori range:

    • BVLGARI Serpenti Twist Your Time 27mm Watch with Pink and Red Interchangeable Straps in calf and Karung leather: Watch size 27 mm in steel case, Mother of Pearl dial sourced from Australia and Indonesia, pink bracelet calf with two loops, hour/minute display, quartz stones, waterproof up to 30 metres and Crown with Rubellite

    • BVLGARI Serpenti Twist Your Time 27mm Watch with Burgundy Red and Black Interchangeable Straps in calf and Karung leather: Watch size 27 mm in steel case, red dial, bordeaux bracelet calf with two loops, hour/minute display, quartz stones, waterproof up to 30 metres and Crown with Rubellite

    • BVLGARI Seduttori Pink Gold Pendant with Ruby: Pink gold necklace with .24 ct pear ruby in a round mounted setting

    • BVLGARI Serpenti Forever Nappa Handbag Ruby Red Limited Edition: Flap Cover, Serpenti Forever
    Accessories, brushed metallic calf leather in ruby red and light gold with 100% Nappa Ruby Red lining.

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  • Taubman Centers Unit Opens Starfield Hanam in South Korea

    Taubman Centers Unit Opens Starfield Hanam in South Korea

    Taubman Centers, Inc. is making its impact felt around the world. Its wing in Asia – Taubman Asia – together with its partner Shinsegae Group, celebrated the opening of Starfield Hanam shopping center at Hanam, Gyeonggi Province in South Korea. This retail project, developed by Taubman Asia and Shinsegae Group, marks Taubman Asia’s first ground-up development in South Korea.

    The shopping center is the country’s largest western-style mall and is nearly 100% leased. There are almost 300 stores and restaurants in this 1.7 million square foot center. It is anchored by Korea’s reputed department store brand, Shinsegae.

    There has been a rapid shift in customers’ shopping preferences and patterns, with online purchases growing significantly. Hence, the mall landlords have been making concerted efforts in developing retail hubs with swanky entertainment zones, and this shopping center is no exception.

    From international luxury brands, like Balenciaga, Burberry, Bvlgari and Fendi, to fast fashion choices – such as Cos, H&M, Massimo Dutti – Starfield Hanam has a vast range of stores to offer. Also, with 110,000 square feet of dining options and entertainment options like the 11-screen Megabox cinema, a Sports Monster sportsplex and an 112,000 square foot Aquafield indoor/outdoor water park, this retail property is expected to attract high footfall.

    Taubman Asia is a subsidiary of the U.S. Mall operator Taubman Centers and is into retail real estate projects in Asia. It is, in fact, Taubman Centers’ platform for expansion into China and South Korea. Taubman Asia, founded in 2005, is headquartered in Hong Kong.

    On the other hand – Bloomfield Hills – MI-based Taubman Centers, is engaged in the ownership, management and/or leasing of several regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman currently has a Zacks Rank #3.

    A better-ranked stock in the REIT industry is InfraREIT, Inc., sporting a Zacks Rank #1.

    Also, investors can consider better-ranked stocks like EPR Properties and Weingarten Realty Investors that carry a Zacks Rank #2.

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