According to Kering´s 2021 Press release, Bottega Veneta achieved a very healthy growth across all distribution channels generating a revenue exceeding €1.5 billion. On top of a high comparison base in 2020, revenue grew 24% as reported and 25% on a comparable basis, and was up 32% on a comparable basis relative to 2019.
Sales from directly operated stores were very strong, up 29% year-on-year on a comparable basis and wholesale revenue was up 16% year-on-year on a comparable basis. Bottega Veneta’s 2021 recurring operating income totaled €286 million, and its recurring operating margin rose to 19.1%.
