Francesco Trapani, (born 1957), is the former CEO of the Italian jeweler and luxury goods retailer

Bulgari Bulgari (, ; stylized as BVLGARI) is an Italian luxury fashion house founded in 1884 and known for its jewellery, watches, fragrances, accessories, and leather goods. While the majority of design, production and marketing is overseen and exec ...

Family relations

Trapani is the son of a surgeon and Lia Bulgari. Lia Bulgari is the elder sister of Paolo Bulgari, the current

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of the Bulgari group. Lia and her three brothers - Paolo, Nicola and Gianni - are the grandchildren of Sotirio Bulgari, an Ottoman born Greek silversmith, who was the Bulgari group founder.

Career

Trapani took over the Bulgari group in 1984. He is credited with turning the company around into one of the more successful luxury jewellery brand. In 2001, he managed the Bulgari joint venture with

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to open a set of Bulgari branded hotels, named Bulgari Hotels and Resorts. In 1995, Trapani oversaw the listing of Bulgari on the Milan Stock Exchange and SEAQ International in London. Francesco Trapani oversaw the sales and integration of Bulgari within

LVMH LVMH Moët Hennessy Louis Vuitton (), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris. The company was formed in 1987 through the merger of fashion house ...

, in 2011. Trapani replaced Philippe Pascal as the Head of Watches and Jewelry at

, following the sale of Bulgari to

. until 2014, when he left the company. He later joined Clessidra, an italian private equity fund specialized in Luxury and apparel, in 2014, as senior partner, and

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in 2016, while serving as board members of several companies. Together with Marco Taricco and Giuseppe Bivona, Trapani launched an activist hedge fund with 50 million euros under management, called Bluebell Active Equity Fund, on November 11, 2019.

Bulgari sale to LVMH

Trapani described in a 2004 article that "one day, Bulgari is going to be sold, we'll see." He also described that "there are a couple of big companies that would be interested, but they have not approached us." Regarding the sale of Bulgari to

in March 2011, he indicated that the sale is because LVMH recognises Bulgari as a "star brand" and that he doesn't believe LVMH will "dilute" the brand.

Other activities

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, Member of the Advisory Board on Europe, the Middle East and Africa (since 2020)Salesforce Appoints Advisory Board to Support Growth in EMEA

, press release of May 26, 2020.

References

1957 births Bulgari family Italian businesspeople Italian people of Greek descent Italian people of Aromanian descent Living people Directors of LVMH {{business-bio-stub