Italian jeweler Buccellati to expand in Middle East and Asia

Following the acquisition of 70% of its stake for 80 million euros, by investment fund Clessidra, Italian luxury jeweller Buccellati announces an ambitious international expansion plan, with mono-brand boutiques, focusing on the Middle East and especially Asia, where the company has been present since 1970.

Presently, over 80% of Buccellati’s turnover is made abroad, the brand being sold at 60 sales points, worldwide. Buccellati is yet to confirm its new CEO by the end of this month.

Buccellati gold and diamonds watch