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 German fashion house expects sales growth to accelerate in 2018 thanks to a shift to add more sportswear and casual styles but is more cautious on profit as it keeps up investment in revamping stores and its website.
The Hugo Boss supervisory board decided at a meeting on Wednesday to extend the contract of CEO Mark Langer for a further three years. He will continue to serve as CEO of the German brand until December 2021.