Bottega Veneta Through the Years [Yahoo! Finance]
KERING SA UNSP/ADR (PPRUY)
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Source: Yahoo! Finance
struggling, off-the-radar, near bankrupt leather goods label back in 2001 — and many may have forgotten that the acquisition of the brand was spearheaded by Tom Ford and Domenico De Sole, who were leading the then-Gucci Group. Gucci Group Takes the Reigns De Sole at the time revealed that Bottega Veneta had been at the top of the list of his acquisition targets, and with Ford, realized the brand's strong heritage based on high-quality leather accessories and shoes and Italian craftsmanship had huge potential. He believed the brand could exponentially grow its revenues, which in 2000 amounted to approximately $50 million. More from WWD Intrepid Fashion Editor Polly Mellen Dies at 100 BREAKING: Bottega Veneta Names Louise Trotter New Creative Director Elle Fanning Serves '60s Bombshell in Backless Gucci Gown at 'A Complete Unknown' Los Angeles Premiere Ford did not get involved in the design of the collection, as he was taking over the over the design of the Yves Saint Lau
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