Bottega Veneta
This coverage examines Bottega Veneta’s strategy and operations in the UK retail market, offering insights for executives, managers, and brand professionals. Reporting includes store openings and refurbishments, marketing campaigns, product launches, leadership changes, and the brand’s positioning within the luxury fashion and accessories sector. The analysis helps professionals assess Bottega Veneta’s growth plans, customer engagement, and competitive dynamics in high-end retail.
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Apr- 2024 -24 AprilLuxury Goods
Kering revenues dip 11% to €4.5bn in Q1
Kering’s revenues were down 11% to €4.5bn (£3.8bn) for the first quarter of 2024 as Gucci, Yves Saint Laurent and Bottega Veneta failed to perform positively. The group’s revenue from the directly operated retail network fell 11% on a comparable basis, as a result of lower store traffic. During the…
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12 AprilPeople Moves
Levi’s names incoming CCO
Levi’s has announced the appointment of Gianluca Flore as executive vice president and chief commercial officer, effective from 29 July. In his new role, Flore will report to president and CEO Michelle Gass and will be responsible for the commercial operations of the Levi’s brand across all global channels, including…
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Feb- 2024 -8 FebruaryLuxury Goods
Kering revenues fall 4% in FY23 despite ‘stable’ sales
Kering, the group that operates Gucci, Yves Saint Laurent and Bottega Veneta, reported that revenues declined 4% to €19.6bn (£16.7bn) in 2023, despite “stable” sales across its network of websites and stores. The luxury fashion group has attributed its performance to the “significant” impacts from changes in exchange rates and…
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Oct- 2023 -26 OctoberNews
Today’s news in brief-26/10/23
Majestic Wines has marked a significant milestone by opening two new stores in one week, a feat not accomplished in a decade. The first store, located in Chippenham, was reopened four years after its closure by previous management. The second, the largest in Wales, is the second-largest in the company’s…
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26 OctoberLuxury Goods
Kering Q3 revenues fall 13% amid cooling luxury demand
Kering Group, the owner of luxury brands Gucci, Yves Saint Laurent and Bottega Veneta, revealed that group revenues were down 13% to €4.5bn (£3.9bn) in Q3. This comes as the group’s revenues from its directly operated retail network fell 6% on a comparable basis, reflecting lower traffic and contrasted performances…
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Jul- 2023 -31 JulyPeople Moves
Kering appoints Armelle Poulou as CFO
Kering has announced the appointment of Armelle Poulou as its new chief financial officer, effective September 1, 2023. Poulou joined the Group in 2019 and is currently director of Corporate Finance, Treasury and Insurance. She is a graduate of HEC Business School in 1993, and has successively held a range…
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Apr- 2023 -27 AprilNews
Kering Q1 revenues hit €5bn amid ‘mixed’ results
Luxury goods company Kering has reported revenues of €5bn (£4.4bn) in its first quarter, up 2% on a reported basis and 1% on a comparable basis, though warned its overall performance remains “mixed”. Gucci sales in the directly operated store network grew 1% on a comparable basis relative to the…
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Sep- 2022 -28 SeptemberPeople Moves
Burberry creative officer to step down
Burberry has announced that Riccardo Tisci will be stepping down as chief creative officer and is set to leave the company at the end of the month, with Daniel Lee assuming the position. Tisci has decided to leave after almost five years at the group, during which time he spearheaded…
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Apr- 2021 -22 AprilLuxury Goods
Kering’s Q1 revenues return to pre-pandemic levels
Luxury fashion group Kering has revealed that its revenues for the first quarter of the year have returned to pre-pandemic levels as consolidated revenues spiked 25.8% year-on-year. Kering claimed that the growth was driven by an uptick in sales of 83% in Asia-Pacific and 46% in North America. Moreover, online…
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Apr- 2018 -25 AprilLuxury Goods
Kering revenue boosted by Gucci’s ‘spectacular growth’
Luxury goods group Kering has announced 36.5% revenue growth for the first quarter of 2018, driven by a 49% rise in revenues at Gucci. Thanks to “favourable market conditions” Kering reported that its group revenues for Q1 totalled £2.72bn. Kering attributed the growth to the group’s online sales which “more…
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