The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.
The Austrian hosiery company has announced that its CEO Axel Dreher has resigned from his role and will leave the company on 31 October “on the most amicable terms”. Silvia Azzali has been appointed as CCO.
The new Lyst Index for Q3 shows that Daniel Lee’s appointment at Bottega Veneta was an inspired move for Kering with the label entering the hottest brands list for the first time, climbing 21 places in the ranking.