La Bottega announces investment in Vanity Group
As a result La Bottega and Vanity Group now have representation in over 120 countries, and boast a team of over 500 people
La Bottega has announced that it has acquired a majority stake in fellow hotel amenity brand Vanity Group.
The aim of the investment is to create a “powerhouse partnership” combining the two parties’ strengths to fortify their position in the market.
Vanity Group chairman Paul Tsalikis will retain an equitable share hold in the transaction and continue to lead the business to ensure continuity.
As a result La Bottega and Vanity Group now have representation in over 120 countries, and boast a team of over 500 people.
Tommaso Pacini, chairman of La Bottega, said: “In the last five years, looking at Vanity Group’s remarkable development, it made strategic sense to partner with them to forge the next generation of Hospitality Curators.
“We retain our signature brand identities but combine forces across global distribution and create an impressive, shared brand portfolio – honouring our commitment to enriching the hospitality industry. We’re looking forward to exchanging ideas, being curious, and pampering guests all around the world.”
Tsalikis added: “La Bottega share the same creative spirit, dedication to innovation and the gusto to transform the in-room hotel experience. While we continue to operate as separate entities, together, we expand and strengthen our unique model to the market: part guest cosmetics powerhouse and part creative agency – focussed on creating unforgettable experiences for guests.”
