Headquarters in Rome
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Privately held società per azioni | |
Industry | Retail |
Founded | 1884 |
Founder | Sotirios Voulgaris |
Headquarters | Rome, Italy |
Key people
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Paolo Bulgari (Chairman), Jean-Christophe Babin (CEO) |
Products | jewellery, Watches, accessories, fragrances, cosmetics |
Revenue | €1.069 billion (2010) |
€85.3 million (2010) | |
Profit | €38.0 million (2010) |
Total assets | €1.490 billion (end 2010) |
Total equity | €934.0 million (end 2010) |
Owner | LVMH (50,4 %) |
Number of employees
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3,815 (end 2010) |
Website | www.bulgari.com |
Bulgari (Italian pronunciation: [ˈbulɡari]; stylised as BVLGARI) is an Italian jewelry and luxury goods brand that produces and markets several product lines including jewelry, watches, fragrances, accessories, and hotels.
The trademark is usually written BVLGARI in the classical Latin alphabet, and is derived from the Surname of the company's Greek founder, Sotir Bulgari (Greek: Σωτήρ Βούλγαρη, Greek pronunciation: [soˈtir ˈvulɣari], Italian: Sotir Bulgari (1857–1932). The name Voulgaris itself contains the root word Βούλγαρ Greek for "Bulgarian". Furthermore in the company's native Italy the word Bulgari means "Bulgarians" or people of Bulgarian descent.
Sotirios Boulgaris (Greek: Σωτήριος Βούλγαρης, pronounced [soˌtirʝos vulˈɣaris]), born in an Aromanian village known as Kalarites began his career as a jeweller in his home village Paramythia (Epirus, Greece), where his first store can still be seen. In 1877, he left for Corfu and then Naples. In 1881 he finally moved to Rome, where in 1884 he founded his company and opened his second shop in Via Sistina. The store in Via Sistina was then replaced by the current flagship store in Via dei Condotti opened in 1905 by Bulgari with the help of his two sons, Costantino (1889–1973) and Giorgio (1890–1966).