Gucci’s Owner Just Handed a $1.5 Billion Brand to a Designer You’ve Never Heard of
- Daniel Lee worked behind the scenes at Celine, Balenciaga
- New designer takes over after sales stagnated since 2015
Luxury products sit on display in the window of a Bottega Veneta store in Oslo.
Photographer: Kyrre Lien/BloombergThis article is for subscribers only.
Kering tapped an unknown designer who worked at luxury rival LVMH’s Celine to revamp the Italian handbag-maker Bottega Veneta.
The 32-year-old British designer Daniel Lee will take over as creative director of the French luxury company’s third-largest brand in July. He’s succeeding Tomas Maier, the German designer who built Bottega Veneta into a 1.3 billion-euro ($1.5 billion) business but one whose sales peaked in 2015.