LVMH said the addition of pieces that include three metal colors--white, yellow and rose gold--to Bulgari’s B.zero1 line was well received by consumers. Bulgari dug this once-rejected tri-color look out of its archives and now refers to it as the “perfect mistake.”
LVMH Moët Hennessy Louis Vuitton said its jewelry and watches division recorded organic revenue growth of 7 percent in its first quarter, led by a strong performance from Bulgari.
Due to lower foreign spending and softness in sales to U.S. consumers, same-store sales and total sales decreased in the company’s Americas regions in both the fiscal fourth quarter and the full-year period.
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