Profits sparkle at Bulgari

Exclusive Italian jeweller Bulgari, should unveil sparkling profits tomorrow. Sales last year are expected to show an 11 per cent increase to £635 million. Bulgari has made a strong comeback since crashing in 2001. The company has slashed costs and upgraded its flagship stores. It has also expanded its range, with watches, perfumes and leather and silk accessories to entice the new rich of China and Russia. But chief executive Francesco Trapani denied that the company was for sale.

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