Kering has revealed a surprise appointment at the head of Italian label Bottega Veneta. Bartolomeo Rongone, previously chief operating officer at Yves Saint Laurent, will replace Claus-Dietrich Lahrs on 1 September.
The French luxury group has announced that the CEO of Balenciaga is joining its executive committee. Charbit took over the label's leadership in November 2016, and will start in the new role from July 1.
The future site in Piedmont will become the European hub for the group's operations, the Swiss subsidiary having been at the core of the tax evasion case that resulted in a record fine for the French luxury group.
Luxury titan Bernard Arnault on Friday confirmed that LVMH is already actively using blockchain for several of its luxury brands, as the French billionaire and high-tech fan presented the latest Innovation Award.
Company directors, industry experts and NGO representatives came together to talk about the industry’s need to take action at the Copenhagen Fashion Summit on 15-16 May. Now it’s time to stop talking and start acting.