In the recent economic situation, it is hard to the jewelry retailers. Italian luxury jeweler Bulgari cheap tiffany cuff links the world’s third-biggest jeweler by sales after Tiffany & Co and Compagnie Financiere Richemont AG’s Cartier house??is likely to perform better in the second half of the year than it did in the first, its chief executive said Thursday in an interview with Dow Jones Newswires.
“We expect the second half to be decisively better than the first,” Francesco Trapani said cheap tiffany key rings.
The Rome-based retailer said Thursday its second-quarter net loss totaled EUR11.2 million, smaller than a net loss of EUR29.3 million in the first quarter. Analysts polled by Factset had forecast a net loss of EUR5.39 million for the latest quarter.
Bulgari, , said total revenue in the three months ended June 30 fell 20.5% to EUR218.3 million from EUR274.7 million. Analysts had forecast revenue coming in at EUR222.9 million.
Revenue from cheap tiffany money clips the Middle East and other markets like Australia rose 27.7%, while sales in the Americas it plunged 44.8%.
At the same time, tiffany & Co did better than Bulgari SpA.