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ASIAN DEMAND HELPS LIFT GLOOM AT BULGARI

Bulgari, the luxury goods company, yesterday said sales had improved in the second half of the year, driven by higher demand in Asia.

Francesco Trapani, chief executive of the Italian jeweller, said: “Greater China, including Hong Kong, Macao, Taiwan, are doing well and Australia, South Korea and the UK are doing okay.”

Bulgari has been hit hard by the slowdown because of its reliance on big-ticket jewellery and watches.

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