Former Bottega Veneta CEO Daniel Lee is leaving the brand for a role at Kering

Former Bottega Veneta President and Chief Executive Officer Daniel Lee is leaving the Italian fashion house for a position at Kering, WWD has learned. While it’s unclear whether Kering owns Bottega Veneta outright, Lee is believed to be joining the company as SVP and chief executive officer.

“It’s no secret that I’ve loved having the privilege of leading Bottega Veneta since 2015,” Lee told WWD. “However, I feel my journey here is now drawing to a close. Bottega Veneta is an exceptionally rich and rewarding brand, one that I feel pained to say goodbye to.”

Since his arrival in January 2015, Lee transformed Bottega Veneta’s brand into a collection that was far more accessible than its pre-acquisition identity. He updated the company’s women’s and men’s collections, modernized its shop layout and expanded the brand’s leather collection. In September, Bottega Veneta debuted a new eyewear collection, which was part of its lease with eyewear giant Warby Parker.

“The progress made over the past three years has been incredible,” said Kering CEO Francois-Henri Pinault, in a statement. “Daniel’s drive, vision and passion as the Maison’s new CEO led to a renewed emphasis on strategic speed and agility, which has enabled the remarkable development of the brand. I will deeply miss his passion and unique vision, and I look forward to welcoming him to a fabulous future.”

Kering has been looking to refresh its entire portfolio to protect its quality. This is Lee’s second new role at a fashion brand since he left Bottega Veneta. In October 2017, he was appointed the new President and CEO of Gucci North America, following the departure of North American chief Alex Widmer.

“It is the right time for me to join a company that, like Gucci, prides itself on its long history of excellence, and has a strong long-term growth strategy,” said Lee. “I am excited to work with Richard [Haydon, the newly appointed Bottega Veneta President and CEO] and Richard (Kering’s president and CEO) to develop the brand further and grow it on the global stage.”

For now, Kering and Kering SpA have no plans to fill the role of Bottega Veneta’s COO, who reported to Lee.

Leave a Comment