Bottega Veneta’s having a tough time of its at the moment. Formerly a growth star at Kering, it appears to be one brand that’s suffering from the luxury downturn more than some others. And that’s made worse by its Kering stablemates Gucci and Saint doing so spectacularly well.
Kering’s Q3 sales figures are out and what have we learned? Gucci’s doing well, no make that GREAT. And Saint Laurent is doing even better for the luxury conglomerate that’s the one to watch these days, even though it used to be a little dull compared to rival LMVH.
Is Gucci’s success a flash in the pan? Can YSL survive the shock departure of Hedi Slimane? Is Bottega Veneta still the quiet star it’s been for years? All these questions and more will be answered right here. OK, it’s not hard: the answers are ‘no’, ‘no’, and well… ‘no’. Gucci and YSL are storming…
What’s the big question we want the bosses over at Kering to answer? Yes, that’s right: Just what kind of impact is the Alessandro Michele factor having on Gucci sales? The company has just reported its Q4 and full-year results and given that there was real Michele-driven product in the stores for Q4 (rather than…
Hey, guess what – e-commerce is becoming really important to the luxury sector but not enough luxury brands quite ‘get it’ yet. OK, tell us something we don’t know. But cynicism aside, it’s always interesting when someone pulls that kind of information together and puts it into context. And that’s what L2’s latest Digital IQ…
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