Bulgari sales rise

Bulgari sales rise

The Italian luxury Bulgari Group reported a rise in sales of 8.7 percent in the second quarter. The results were boosted by double-digit sales increases for accessories and fragrances. Sales for the second quarter, ended 30 June, rose to EUR209.8 million (£145 million), a slowdown from the first quarter of 11.9 percent. The company said that at a constant exchange rate sales would have risen 10.3 percent.

Bulgari CEO, Francesco Trapani, said that he was confident about the second half of the year. Despite worries about the recent terrorist attacks in London and Egypt , he is not adjusting the full-year targets yet. "Terrorism isn't helping us at all," he said. "We are in a world that is very volatile. The atmosphere is what it is."