Cédric Charbit joined Kering in 2012 as Director of Product Strategy for Saint Laurent after extensive experience in the luxury industry and became CEO of Balenciaga in 2016. Cédric's mission as the new CEO of Saint Laurent, succeeding Francesca Bellettini, will leverage her experience and leadership to advance the iconic Parisian House, building on its unique positioning, heritage and identity.
Kering appoints Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga, effective January 2, 2025. Reporting to Francesca Bellettini, deputy CEO of brand development at Kering, the moves are aimed at improving the growth of the brand. Charbit will leverage Saint Laurent's identity, while Gianangeli will focus on expanding Balenciaga's reach, strengthening Kering's leadership team.
Gianfranco Gianangeli has strong experience in the luxury industry, having worked for several renowned Italian and French luxury houses, especially in merchandising and retail roles, and as CEO of Maison Margiela. Most recently, he was commercial director of Saint Laurent. Now succeeding Cédric Charbit at the helm of Balenciaga, his task will be to continue strengthening and expanding the reach and renown of the House.
“I am proud to announce the appointment of Cédric as CEO of Saint Laurent. With his deep knowledge of the House and its unique identity, Cédric is uniquely prepared to drive the continued growth and success of Saint Laurent. Likewise, I am confident that Gianfranco is the ideal leader to succeed Cédric as CEO of Balenciaga. Gianfranco's extensive experience and vision make him the perfect choice to further elevate the House and build on his notable achievements and working closely with him. “Cédric and Gianfranco for many years, I have no doubt that they are the best options to take the helm of Saint Laurent and Balenciaga. I am sure that they will excel in their new roles, guiding their respective houses to even greater success,” said. Francesca Bellettini, Kering deputy CEO in charge of brand development.
François-Henri Pinault, President and CEO of KeringHe stated: “These developments further strengthen our organization. With Francesca Bellettini fully dedicated to her role as Kering's Deputy CEO in charge of brand development, including the jewelery houses, and Jean-Marc Duplaix, whose role, as Kering's Deputy CEO and COO, is to ensure that all corporate departments work together. efficiently and support all brands to achieve Kering's strategic objectives – we have the right leadership team to address current industry challenges and set the pace for long-term growth.”
Note: The content of this press release has not been edited by Fibre2Fashion staff.
Fiber2Fashion News Desk (RM)
