Katrantzou will overlook the creative direction of Bulgari's leather goods and accessories range including the one-of-a-kind high jewellery collection of bags and clutches.
While LVMH’s Bulgari continues to make milestones in the leather goods and accessories industry, the Richemont Group is not far behind in becoming the sector’s new power-player.At first, one might think it to be an unassuming coincidence — the convergence of the high-jewellery and luxury leather industries. However, Mary Katrantzou’s appointment as Bulgari’s inaugural creative director marks both a strategic and creative shift in Bulgari’s positioning within the luxury market.
Going back to Bulgari, the jewellery brand joined the LVMH umbrella in 2011, which is helmed by Forbes’ richest person in the world for the second year running,. Arnault is a magnate of commerce and understands how crucial the fashion and leather goods sector is particularly viable in LVMH, which saw sales for 2023 go beyond analyst forecasts and showcased a 13 percent increase in organic growth from 2022.
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