Tiffany & Co named a former Bulgari SpA executive to its top job, the second time the iconic New York jewelry retailer has tapped the Italian luxury house for senior hires this year. Tiffany, which has been struggling to turn around sales amid faltering demand for its high-end jewelry, named Alessandro Bogliolo chief executive, months after it added ex-Bulgari CEO Francesco Trapani to its board.

A veteran luxury industry executive who has spent 16 years at Bulgari - now owned by French multinational LVMH - Bogliolo most recently served as the chief executive of apparel and accessories company Diesel SpA.