Company type | Private società per azioni |
---|---|
Industry | Retail |
Founded | 1884 |
Founder | Sotirios Voulgaris |
Headquarters | Rome, Italy |
Key people |
|
Products | |
Revenue | €1.069 billion (2010)[1] |
€85.3 million (2010)[1] | |
€38.0 million (2010)[1] | |
Total assets | €1.490 billion (end 2010)[1] |
Total equity | €934.0 million (end 2010)[1] |
Owner | LVMH |
Number of employees | 3,815 (end 2010)[1] |
Website | www.bulgari.com |
Bulgari (/ˈbʊlɡəri/,[2] Italian: [ˈbulɡari]; stylized as BVLGARI) is an Italian luxury fashion house founded in 1884 and known for its jewellery, watches, fragrances, accessories, and leather goods. Headquartered in Rome, the company was acquired by the French conglomerate LVMH in 2011, thus becoming one of the latter's subsidiaries.
The silversmith and founder of the company Sotirios Voulgaris (Greek: Σωτήριος Βούλγαρης, Italian: Sotirio Bulgari) began his career as a jewellery vendor at his family's shop in Ottoman Epirus (now in Greece). During the 1880s, the family moved to Rome, where in 1884 Sotirios launched his company.[3] Over the years, Bulgari become an international brand, evolving into a notable player in the luxury market, with an established network of stores worldwide.[4] While the majority of design, production and marketing is overseen and executed by Bulgari, the company does, at times, partner with other entities. For example, Bulgari eyewear is produced through a licensing agreement with Luxottica, and Bulgari formed a joint venture with Marriott International in 2001 to launch its hotel brand, Bulgari Hotels & Resorts, a collection of properties and resort destinations around the world.