According to the second Clair Report on retained brand value from resale marketplace Rebag, the strongest handbag labels in 2021 were once again Hermès, Louis Vuitton and Chanel. But Bottega Veneta is hot on their heels.
The Italian label has confided the North American market to luxury industry veteran Daniella Vitale and the EMEA region (Europe, the Middle East and Africa) to Vincenzo Equestre, who joins the brand from Chaumet.
Sales at French luxury group LVMH's fashion and leather goods division rose strongly in the third quarter even though overall revenue growth in Asia and the United States eased from their stellar first-half performance.
The executive, who has two decades of experience in the sector, joins the Kering-owned luxury brand from Fendi, where she most recently served as VP for U.S. retail and retail corporate functions in the Americas.
The designer behind the Off-White label is building on the partnership he began with the luxury car manufacturer last year through the collaborative creation of an electric show car under the Mercedes-Maybach brand.