Monday 16 November 2009

Bulgari Sales Receive An 10 Percent Boost – 16/11/2009

Shares in Italian jewellery brand Bulgari rose more than 4 percent last week after the company returned to a net profit in the third quarter.

Bulgari announced to Reuters that “sales in its own stores rose more than 10 percent in October, at constant exchange rates, and that it expects the fourth quarter to be the best of the year.”

See the MO Down for 12 October for our detailed report, which attributes gains in the Asian market as the reason why Bulgari is back on top.
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Who's behind the MO DOWN

Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au