Biography: Bvlgari's Fourth Generation Of Successors Left LVMH To Become Partners In Private Equity Funds.

Leaving office in March 1st LVMH After the chairmen of the group jewelry and watch department, FrancescoTrapani, the fourth generation of Bvlgari family in Italy, quickly changed its status: he joined the Italy private equity fund Clessidra as executive vice president, and also became a shareholder and partner of Clessidra.

Bulgari has been in charge since Trapani1984. Bvlgari To expand the family business to Europe's second largest jewellery brand with annual sales of 1 billion euros. In early 2011, he led a historic transformation into the LVMH group.

Despite leaving the specific management of LVMH, Bvlgari is still a member of the board of directors of LVMH as well as the advisory role of Arnault, the chairman of the group, because the Bvlgari family is the second largest shareholder of Trapani.

Trapani will help Clessidra formulate investment strategies for fashion and jewelry industries. Clessidra acquired the Buccellati70% stake in jewellery brand in Milan, Italy last year, and is now negotiating exclusive negotiations with Italy menswear brand Harmont&BlaineSpA.

Related links

Bvlgari 130th anniversary commemorative charity project popular star

According to the British report in April 7th, Fashion brand Bvlgari (Bvlgaris) launched a new ring on the theme of "saving children" on the brand 130th anniversary celebration, hoping to raise 1 million euros (10 million yuan) to help vulnerable children.

The charity has been supported by many Hollywood stars, including Jon Hamm, Jo Ham Naomi, and Meg Ryan, etc. many famous stars have taken a series of promotional photos for the event, including Hamm, Naomi, and Meg Ryan. Under the black background, the stars are all black, palm upturned, five fingers light, silver ceramic rings glittering in the dark, symbolizing the immortal hope, willing to suffer away from young children. According to reports, the charity activity was launched in 2009, so far, Bvlgari has donated more than 20 million dollars (about 120 million yuan) to the children's aid society.