Bulgari shares tumbled 6.2% by the evening of Wednesday 13 May, to €3.8925. The Italian group has been sanctioned by investors for its first quarterly loss in ten years after the announcement at the end of the evening.

Bulgari accessories

The jewellery and accessory manufacturer has suffered a net loss of €29.3 million, markedly greater than analysts had expected.

By Jonathan Fulwell (Source: Les Echos)