Retail in Asia

In People

Crisis looms over Kering Group, with 4 newly appointed CEOs

With slowing sales across its entire brand portfolio, world’s third largest luxury group, Kering, has appointed new CEOs in less than two days, at four of its brands: Bottega Veneta (new CEO Carlo Alberto Beretta), Brioni (new CEO Gianluca Flore), Christopher Kane (new CEO Sarah Crook). The new appointments come as a surprise, given that Bottega Veneta has been, for the past four years, the only Kering Group brand with solid double digit growth, year on year.

 

(Source: cpp-luxury.com)