Jean-Christophe Babin – Charm

Bulgari (MC) CEO Eyes India for Growth as China Luxury Demand Weakens

Cs news11 months ago01 mins

LVMH-owned jeweler Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown. Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari Chief Executive Officer Jean-Christophe Babin said in an interview with Bloomberg TV. The brand’s website lists 13…

Bulgari CEO Babin Sees China Luxury Market Recovering in Next 2 Years

Cs news12 months ago01 mins

China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari Chief Executive Officer Jean-Christophe Babin said. The LVMH-owned jeweler has seen a more visible downturn this year in China at its brick-and-mortar stores versus online channels that can reach more customers including those in smaller cities, Babin added…