Bulgari SpA said it will raise prices across all product categories "by some percentage points" to protect margins because of soaring material costs — notably gold — and unfavorable exchange rates.
In addition, a spokesman for the Italian jeweler said Friday that shareholders authorized Bulgari to buy back 15.4 million shares over the next 18 months to prop up the share price, which has lost almost one-third of its value in the last six months.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)