In December, designer Matthew Williams announced he was parting ways with Givenchy after serving three years as the brand’s creative director. Now, in the French luxury fashion house’s latest management shuffle, the company has appointed Alessandro Valenti as its new CEO. LVMH , the label’s parent company, announced the news internally on Monday, noting that the former Louis Vuitton executive would start immediately, WWD reported.
Valenti will succeed Renaud de Lesquen, who’s been at the helm since April 2020. “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,” Sidney Toledano, chairman of Givenchy and an adviser to Bernard Arnault , said in the announcement. “I would also like to thank Renaud for his great accomplishments within the LVMH group since his arrival in 2012, first at Christian Couture, then at Christian Dior Parfums, and more recently for Givenchy.
” Of course, we’ll have to wait and see where de Lesquen ends up next. However, the announcement mentioned that he’s “decided to give a new direction to his career.” Meanwhile, Valenti will step in to partner with Givenchy’s next creative director—whenever the brand names one.
As previously mentioned, Williams stepped down at the end of last year. According to the fashion house, the designer exited with plans to “fully dedicate .
