Bulgari, the Italian luxury fashion house expressed that the label is hopeful of the India market. Known for its jewellery and product categories such as accessories and perfumes, outgoing CEO Jean-Christophe Babin claimed that even if the brand is able to tap in a 10 per cent share of India’s gold jewellery market, it would be a huge take-away.
Babin also acknowledged that more could be done in terms of distribution, adding that small advances can bring big rewards, “India is the number one market for gold jewellery, even if we manage to get 10 per cent of it, it will be huge,” he said.
India is among our top 10 markets, but soon it will be No.3,” claims Jean-Christophe Babin, the group chief executive officer of Bvlgari. “There’s a lot of appetite for high jewellery here. We just need more luxury malls to set up shop.”
Babin is more “bullish” about India. Earlier, in March he was in Mumbai for the launch of Bvlgari’s second store in the country, at the Jio World Plaza in Mumbai (the first boutique is in Delhi’s DLF Emporio mall; the brand retails out of other stores across Metro cities).
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