LUCA BUCCELLATI

Buccellati’s special sales and VIP client director shares its experiences with changing company ownership, from the partial acquisition by Chinese company Gansu Gangtai in 2017 to the current Richemont reign, as well as the personal dynamics of a family business

In 2017, Buccellati was bought by the Chinese firm Gansu Gangtai. What happened there? The Gangtai group bought only a part of the company. In the first year, they helped open up a lot of stores in China. But it was difficult to deal with them: the distance was a problem because they [would] never come to Italy; we would fly to Shanghai every month. It was a short period, only two years in the company’s 100-year [history]. But thanks to them, we [gained a lot of] experience and they helped us. How has your role changed since Richemont has taken over? The Richemont group trusted the [Buccellati] family a lot. So [there were] big changes in investment and they gave us the opportunity to open a new [educational] academy…

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Tatler Hong Kong (Digital) - 1 Issue, January 2024

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