Neues in Russland
20.03.2015

Bulgari will open its first own shop in Russia in 2015

The Italian company Bulgari has decided to develop its retail network of jewelry and watches in Russia. Bulgari will open a mono brand boutique" – representative of the jewelry house reported to Vedomosti. Nowadays, all stores of Bulgari in Russia are managed by Mercury.

The own store will work together with the existing retail network, the Bulgari's representative said. It will sell a jewelry, watches and accessories, and its opening is planning until the end of 2015. "We're consider Russia as strategically important market with a great potential force for our brand," – the representative of the company said to explain the company's decision about the opening of the mono brand boutique in Russia.

Russia is the one of the most important markets for Bulgari, together with Mexico, this year – Jean-Christophe Babin claimed in the interview for Milano Finanza, published on March, 17. He said that the company have about 300 outlets around the world. Bulgari will open more than 10 new and almost all of them will be brand shops. Meanwhile, the company will focus on the Russian and Mexican markets, Babin explained.

The Bulgari's representative did not disclose the location of the company's shop. But two real estate specialists informed that the company had looked closely several premises in Stoleschnikov lane, where was the Burburry's store managed by Jamilco, and some premises in the building in front of it. And the third real estate expert said that the first area considered by Bulgari was in GUM, in front of Tiffany.

The company doesn't abandon the partnership with Mercury, but starts searching the premises for their own shops – about 200 sq.m. each, the one of the Vedomosti's interlocutors reported. He said that earlier the company had been considering the option to open a flagship street retail shop.

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