Daily Digest

Bottega Veneta Hits Luxury Sweet Spot

Bottega Veneta chief executive Marco Bizzari | Source: FT

“The success of Bottega Veneta, like that of European brands Hermès, Chanel and more recently Céline, is one of the most striking trends in the luxury goods industry today. Amid the economic crisis, selling ultra high-end goods – especially handbags – at eye-watering prices to an international clientele is a sweet spot.”