Former Estée Lauder executive Raffaella Cornaggia has been named CEO of the unit, which will develop beauty for the French group’s brands, including Bottega Veneta, Balenciaga and Alexander McQueen.
This week, Prada appoints a former Kering Eyewear executive to the helm of Miu Miu, while Nike makes a number of changes to its C-Suite.
"According to a new lawsuit, eyewear for Gucci, YSL and Brioni is actually made (mostly) in China."
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
Bringing Gucci eyewear in-house, Kering is leading a wider trend for 'intrapreneurial' ventures.