Alessandro Valenti has been named the new CEO of Givenchy, stepping into the role with immediate effect after Renaud De Lesquen’s departure.
- The French couture house is experiencing a transition period, searching for a new creative director following Matthew Williams’ exit in December 2023.
- Valenti brings over 25 years of international experience in the luxury industry, previously holding key positions at Louis Vuitton, Versace and Giorgio Armani.
- Sidney Toledano, LVMH Fashion Group’s chairman, expressed confidence in Valenti’s ability to lead Givenchy towards new achievements.
- The appointment reflects LVMH’s strategic move to reinforce Givenchy’s positioning in the global luxury fashion market.
LVMH has appointed Alessandro Valenti, a seasoned executive from Louis Vuitton, as the new CEO of Givenchy, effective immediately. This appointment follows Renaud De Lesquen’s exit after serving as CEO since 2020. The transition marks a critical moment for Givenchy, which is currently in search of a new creative director since Matthew Williams left the brand in December 2023.
Alessandro Valenti’s career includes significant roles in renowned luxury brands such as Versace, Giorgio Armani, and Ralph Lauren. He joined LVMH in 2014, initially as the managing director of Louis Vuitton France and Monaco. Valenti’s leadership skills and in-depth industry knowledge later led him to the roles of president of North-Central Europe and Africa and EMEA president of Louis Vuitton.
Sidney Toledano, chairman and CEO of LVMH Fashion Group, spoke highly of Valenti’s extensive experience, noting that his retail expertise and managerial acumen will be instrumental in achieving new milestones for Givenchy. Toledano stated, ‘Alessandro has 25 years of international experience. His extensive knowledge of the luxury industry, including more than 10 years at Louis Vuitton, coupled with his retail expertise and managerial skills, will be key assets in taking Givenchy to reach new milestones.’
This leadership change indicates LVMH’s commitment to strengthening Givenchy’s global market presence. The strategic decision aims to capitalise on Valenti’s proven track record and leadership qualities to navigate Givenchy through its current transitional phase and towards future growth.
Givenchy’s new leadership under Alessandro Valenti signals a promising future for the brand in the competitive luxury fashion landscape.
