Bulgari to Focus on Local Customers as Covid Wipes Out Tourism

Bulgari to Focus on Local Customers as Covid Wipes Out Tourism

Bulgari is increasing its focus on sales to locals in the countries where it operates, particularly in China, as the pandemic wipes out the tourist market, Chief Executive Officer Jean-Christophe Babin said.The LVMH-owned jeweler is seeing single-digit domestic sales growth in the western world and high double-digit growth in Asian countries, Babin said in an interview in Rome, ahead of the launch of limited series of Aluminium Tricolore watches on behalf of three Italian children's hospitals. In addition to China, countries like