Developing strategic guidelines for the success of the business,
Brazil Growth Strategy Revision
September 2010
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Caviar
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Brazil Market Overview
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Brazil Growth Strategy Revision
Context: Bulgari in Brazil
• Bulgari operates in the Brazilian market through a franchisor agreement • The company had two stores (now has only 1) located in premium destinations in Brazil: − Shopping Iguatemi − Haddock Lobo • While the Brazilian luxury market has experienced solid growth in recent years, the Bulgari operation in Brazil has delivered a performance below expectations • Based on preliminary research, Bulgari seems to have brand recognition in the Brazilian market as being a luxury brand yet the brand is not being explored to its full potential
01
Caviar
02
Brazil Market Overview
03
Brazil Growth Strategy Revision
Caviar is a Strategy Consultancy boutique focused in developing winning strategies for American and European companies to enter the booming Brazilian market. Caviar’s partners have executed highly successful projects in a variety of industries across Latin America, U.S., Europe and Asia. We bring a global overview with an in-depth understanding of the Brazilian market dynamics, culture, and opportunities.
A PREVIEW OF OUR CAPABILITIES Ms. Higashi is a Senior Strategy Executive who brings over 15 years experience focusing in Capabilities - Summary developing international strategies (entry and growth) for Fortune 500 American
multinationals (e.g. Cadbury Adams, Chubb Corporation) entering the Latin American market, and large Brazilian companies (e.g. Grupo Votorantim) expanding internationally, and have consistently delivered robust, long-lasting results. She was the Managing Director for the U.S. market for a high-end Brazilian furniture company where she was responsible for defining the company’s entry strategy in the U.S. market including opportunity assessment, entry strategy definition & implementation, Senior Executive for Monitor Group – an