After flourishing in small workshops of independent artisans, the production of jewelry in Italy boomed at the end of the 19th century as the first factories were established. In that period, some of the industry’s big names — Bulgari, Buccellati and later Damiani and Pomellato — started building their international reputations.
“Recent [deals] have showed that the ‘Made in Italy’ brands are often targeted by international groups,” said Damiani Group president and chief executive officer Guido Damiani, referring, for example, to the acquisition of Bulgari by French luxury conglomerate LVMH Moët Hennessy Louis Vuitton in 2011. “This is a sign that in Italy, the industry’s high-end segment is flourishing and that creativity, craftsmanship and Italian savoir faire are highly appreciated abroad.”
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