LVMH fragrance chief Romain Spitzer named CEO of Bottega Veneta
A 20-year LVMH Beauty veteran crosses to a rival group to run one of Kering's most closely watched turnaround brands.
Romain Spitzer, a 20-year veteran of LVMH's beauty and fragrance business, has been named chief executive of Bottega Veneta, the Kering-owned Italian leather goods and fashion house. The appointment is a notable cross-conglomerate move: senior executives moving directly between LVMH and Kering remain relatively rare, and the hire signals how seriously Kering is treating the task of steadying Bottega Veneta's growth and creative direction.
Bottega Veneta has been one of the more scrutinised names within Kering's portfolio in recent years, prized for its craftsmanship and quiet-luxury positioning but under pressure to translate critical acclaim into consistent commercial growth as the group works to revive its overall performance. Bringing in an executive with a strong beauty and licensing background, rather than a traditional leather goods or ready-to-wear operator, suggests Kering may be looking to diversify Bottega Veneta's revenue base and brand extensions, areas where fragrance and beauty divisions have historically been a reliable growth lever for rival houses.
The move also underlines the pull of fashion house leadership roles over even senior beauty positions inside the biggest groups, and it leaves LVMH needing to fill a significant gap in its beauty division at a moment when fragrance remains one of the more consistently growing categories in luxury. Watch for who LVMH names as Spitzer's successor, and whether Kering pairs the appointment with further changes to Bottega Veneta's creative or merchandising strategy.
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