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Kering’s New Eyewear CEO Roberto Vedovotto Appointed to Executive Committee

In People, What's New by Accessories Staff

People

Paris—As if it weren’t already clear, Kering  today appointed its CEO of eyewear Roberto Vedovotto as His appointment to Kering’s executive committee. The appointment illustrates just how seriously Kering is looking to eyewear to help grow its luxurygoods business, one that includes Gucci, Bottega Veneta, Saint Laurent etc. “Roberto Vedovotto’s …

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Kering Report Charts Sustainability Progress

In Industry News, What's New by Just Style

Paris—Kering is “making progress” towards reaching sustainability targets, two years after announcing a four-year program on tackling environment and social issues. ‘Clean by Design’ The owner of Gucci, Yves Saint Laurent and Bottega Veneta said its Progress Report recorded the important milestones already attained in a number of areas, as …

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Puma Looks Ahead as Q4 Sales Slump

In Industry News, What's New by Jeff Prine

Herzogenaurach, Germany—Puma’s chief executive vowed today that the sports brand has begun a turnaround this year after posting worst than expected fourth quarter sales. In the final three months of 2013, Puma saw its sales tumbles 13.2% to 698.3 million euros (about $960 million). That was below analysts’ average estimate …