Kering Japan Co., Ltd. Kering appoints new CEOs of Saint Laurent and Balenciaga

[Kering Japan Co., Ltd.] Kering appoints new CEOs of Saint Laurent and Balenciaga ​
Kering Japan Co., Ltd. Press release: November 19, 2024 Kering appoints new CEOs for Saint Laurent and Balenciaga
https://prcdn.freetls.fastly.net/release_image/55433/23/55433-23-ce64090a40575c4d199ee073deb758c2-1515×964.png Credit Cedric Charbit: (C) Ezra Petronio Credit Gianfranco Gianangeli: (C) Alice Rosati Studio Kering today announced the appointment of Cedric Charbi as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga. Both will take up their positions on January 2, 2025, reporting directly to Francesca Berrettini, Kering’s Deputy CEO (Brand Development). Berrettini will also focus on the growth and development of all of Kering’s fashion, leather goods and jewelry brands. After gaining extensive experience in the luxury industry, Cédric Charbi joined Kering in 2012 as Director of Product Strategy for Saint Laurent and became CEO of Balenciaga in 2016. Charbi, who succeeds Francesca Berrettini as CEO of the iconic Parisian house Saint Laurent, will build on the house’s unique positioning, tradition and identity, while drawing on her expertise and leadership. , will take on the mission of further developing the brand. Gianfranco Gianangeri has experience in the luxury industry, focusing on Italian and French luxury brands, particularly in the merchandising and retail sectors, and was CEO of Maison Margiela. Most recently, he served as Saint Laurent’s Chief Commercial Officer. He will now take over the reins of Balenciaga as Cédric Charbi’s successor, and will be tasked with further increasing and expanding the brand’s presence and reputation. Francesca Berrettini, Kering’s Deputy CEO (Brand Development), commented: “I am delighted to appoint Charbi as CEO of Saint Laurent. His deep understanding of the Saint Laurent brand and its unique identity makes him the perfect person to lead the Maison’s continued growth. Similarly, Jananji We are confident that Giananjeri is the right leader to succeed Charbi as CEO of Balenciaga. With his wealth of expertise and vision, he will lead the House to new heights and build on its impressive achievements. I am perfectly suited for this. Having had the privilege of interacting and working with Charbi and Giananjeri over the years, there is no question that they are the most qualified people to take the helm of Saint Laurent and Balenciaga. We are confident that both will excel in their new roles and lead their respective brands to even greater success.” François-Henri Pinault, Chairman and CEO of Kering, said: “These appointments are an evolution that will further strengthen our organization. Francesca Berrettini will focus on her role as Deputy CEO responsible for developing Kering’s brands, including its jewelry brand, and Jean-Marc Dupré will is Kering’s Deputy CEO and Chief Operator. As Managing Director, you will be responsible for ensuring that all business units work together effectively to support all brands and achieve Kering’s strategic objectives, addressing the current challenges facing the industry. We now have the right leadership team in place to establish our long-term growth pace.” About Cédric Charbi Cédric Charbi started his career at department store Printemps in 2001, holding various positions before becoming Deputy Director and General Merchandising Manager. In 2009, he became Deputy Chief Executive of Pucci, an Italian-based company under the LVMH Group. He joined Saint Laurent in Paris in 2012 as Director of Product Strategy and later served as Executive Vice President of Product, Retail Merchandising and Communications. In 2016, he became president and CEO of Balenciaga, increasing the brand’s presence and restarting haute couture. Since July 2019, he has also joined Kering’s Executive Committee. About Gianfranco Giananngeli Gianfranco Giananngeli began his career at Bottega Veneta in 2006. After working in various merchandising departments, he became merchandising director for the men’s category. He then served as General Merchandising Manager in Japan. In 2011, he became Associate International Director at Prada, and in 2013, he became Global Retail Director at Givenchy. In 2017, he became owner and CEO of his namesake knitwear company, Gianangeli Srl. After becoming CEO of Maison Margiela in 2020, he joined Saint Laurent in September 2023 and served as Chief Commercial Officer. About Kering Kering is a global luxury group that includes fashion, leather goods and jewelry houses as well as Kering Eyewear and Kering Beauté. The brands under its umbrella are Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Kielin, and Ginori 1735. With creativity at the heart of Kering’s strategy, Kering allows its brands the freedom to express their creativity while building the future of luxury in a sustainable and responsible way. This belief is reflected in Kering’s signature: “Empowering Imagination.” In 2023, the company will achieve sales of 19.6 billion euros, and the group employs 49,000 people at the end of the year.