By  on November 13, 2008

MILAN — Bulgari SpA issued a profit warning Thursday after third-quarter earnings dropped 43.7 percent, hit by a decline in watch and accessories sales and a slowdown in Italy, the Americas and Japan.

Bulgari chief executive officer Francesco Trapani also told WWD 2009 would be “an altogether very difficult year,” for the most part worse than 2008. He added, though, that he hoped it would end better than this year.

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