Bulgari CEO sees China luxury recovery within 24 months
Bulgari CEO Jean-Christophe Babin stated in an interview during the 7th China International Import Expo (CIIE) that with the recovery of the Chinese economy, the Chinese luxury goods market could recover in the next 24 months. He also revealed that Hainan has been a region with significant sales growth for Bulgari this year. The market potential in China remains immense, and the brand will continue to make substantial and cautious investments in the country. Previously, Babin had also mentioned that Bulgari would focus on the more stable women’s watch market, with most components like watch cases, dials, and movements being produced in-house.