Kering partners Tomas Maier for development of eponymous label
Kering today announced that it has entered into a joint venture with Bottega Veneta creative director Tomas Maier to develop his eponymous label. Maier will continue in his design role at Kering-owned Bottega Veneta, a position which he has held since 2001.
Founded in 1997, the Tomas Maier brand is based in the United States, where it has two directly-operated stores, one in Palm Beach and a second in East Hampton.
Tomas Maier, founder and Creative Director of the brand, commented: “I am excited to enter into this new chapter for the Tomas Maier brand in parallel with my role at Bottega Veneta. I could not imagine a better partner than Kering for the Tomas Maier brand. We speak the same language and have a mutual understanding of how to take this business we started 15 years ago to new heights.”
Sales at Italian leather house Bottega Veneta last year exceeded the one billion euros mark, making it the French luxury group's second largest brand after Gucci. Earlier this year, Kering invested in up-and-coming labels such as the New York-based Altuzarra and British brand Christopher Kane.
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