Bottega Veneta, part of the French luxury conglomerate Kering, has announced to open its first flagship in Canada. The retail brand currently just has a small boutique at the Vancouver International airport.
Toronto’s Yorkdale Shopping Centre has been chosen as the location to set up the upcoming flagship boutique, slated to be inaugurated in winter this year.
Products for both women and men, including ready-to-wear, handbags, luggage, small leather goods, shoes, fragrances and eyewear will be stocked at the store that will be spread in an area of 3,000 sq ft.
In addition to the small boutique at the Vancouver International airport, Bottega Veneta products are retailed at Holt Renfrew in Canada, as well as at Saks Fifth Avenue at CF Toronto Eaton Centre.
The brand which has global presence, currently operates 30 stores in the United State.
In another development, marketing director, Lisa Pomerantz has announced her departure from the company. This is second such setback for the company since June. Prior to this, Lisa Tomas Maier left the company in mid-June. Maier served the luxury Italian fashion house as it creative director for 17 years at the helm. The brand has recording exponential growth ever since its acquisition by the French luxury group in 2001. However, it has been reporting a decline in revenue for the last two years in a row.