Diane sent a note with the news and I immediately googled it. It’s a VERY sad day for BV. Here’s an extract for a WSJ article. The EXACT reason I like BV as much as I do is the exact reason Maier is out
“...Mr. Maier’s preference for sophisticated, understated designs appeared outdated in an era when Gucci and its creative director, Alessandro Michele, have been lighting up social media with flamboyant clothes and accessories that mix antique references with Major League Baseball logos. And Mr. Michele’s success plastering the Gucci logo across his designs made Bottega’s logo-less subtlety seem like a liability.
“The tradition and craftsmanship excellence that many luxury brands have relied upon for decades is no longer enough,” Mr. Pinault said earlier this year. “The new luxury consumers, the millennials or the generation set that follows, care little for the idea of brand, heritage.”
Mr. Maier also has his own brand, with two stores in New York.“
“...Mr. Maier’s preference for sophisticated, understated designs appeared outdated in an era when Gucci and its creative director, Alessandro Michele, have been lighting up social media with flamboyant clothes and accessories that mix antique references with Major League Baseball logos. And Mr. Michele’s success plastering the Gucci logo across his designs made Bottega’s logo-less subtlety seem like a liability.
“The tradition and craftsmanship excellence that many luxury brands have relied upon for decades is no longer enough,” Mr. Pinault said earlier this year. “The new luxury consumers, the millennials or the generation set that follows, care little for the idea of brand, heritage.”
Mr. Maier also has his own brand, with two stores in New York.“