Bulgari is focusing on India to counteract the decline in luxury demand in China due to an economic slowdown.
CEO Jean-Christophe Babin emphasized the brand's strategy to expand in India, taking advantage of the country's strong growth and favorable demographics.
Bulgari currently has 13 boutiques and official retailers in India, showing its commitment to strengthening its market position in the region.
This reflects a broader trend among luxury brands diversifying their markets in response to changing consumer behaviors and economic conditions in key markets.