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European Stocks Rise as LVMH, Burberry Report Sales Gains

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LVMH Q1 Sales Rise 17%, Strong Across All Categories Paris—LVMH, the world’s largest luxurygoods conglomerate, reported Monday that first-quarter revenue jumped 17% to 5.25 billion euros ($7.47 billion), with operations in the United States, Europe and Asia all enjoying “strong momentum.” LVMH’s sales beat beating analyst expectations for 4.95 billion …

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Venice Bans ‘Risque’ Handbag Billboard

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Venice—While famous paintings of nude women hang in Venice’s Academia museum, Venice’s mayor isn’t pleased with a planned Bulgari billboard featuring a reclining actress Julianne Moore nude. Recently-elected mayor Giorgio Orsoni called the proposed billboard, which was scheduled to hung in St. Mark’s Square, “inappropriate” and demanded this week it …

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Bulgari Premieres its Rossellini Bag

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London—Bulgari unveiled today its latest “it” handbag, named for actress/model Isabella Rossellini, who collaborated with the brand’s designers on the collection. “We are extremely pleased with this wonderful collaboration with Isabella Rossellini,” says Francesco Trapani, ceo of the Bulgari Group. “The bag gracefully expresses the essence of Isabella’s impeccable elegance. …