The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Bottega Veneta has rented a historic palace in the centre of Milan that will house the new offices of the brand owned by luxury goods group Kering, real estate asset management company COIMA SGR said.
Milan attracts the bulk of office investments in Italy but prospects for the sector are uncertain as companies reassess working policies in the aftermath of the Covid-19 pandemic.
Bottega Veneta has signed a 12-year contract to lease 10,000 square meters in the 19th-century Palazzo San Fedele, located between the city’s Duomo cathedral and La Scala opera theatre.
COIMA SGR purchased Palazzo San Fedele on behalf of the Qatar Investment Authority’s Italian Property Fund.
ADVERTISEMENT
Renovation works will start at the end of April.
By Claudia Cristoferi; Editing by Valentina Za and Alexander Smith
The former CFDA president sat down with BoF founder and editor-in-chief Imran Amed to discuss his remarkable life and career and how big business has changed the fashion industry.
Luxury brands need a broader pricing architecture that delivers meaningful value for all customers, writes Imran Amed.
Brands from Valentino to Prada and start-ups like Pulco Studios are vying to cash in on the racket sport’s aspirational aesthetic and affluent fanbase.
The fashion giant has been working with advisers to study possibilities for the Marc Jacobs brand after being approached by suitors.