LVMH unveils new Givenchy CEO
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French luxury conglomerate LVMH said Tuesday that it had appointed Alessandro Valenti as the new CEO of its haute couture house Givenchy.
"With this appointment, Givenchy, one of the most emblematic French haute couture houses, embarks upon a new chapter in its history," LVMH said in a statement.
Valenti, who has been with the LVMH group since 2014, succeeds Renaud de Lesquen, who had been chief executive at Givenchy since 2020.
"His great knowledge of the luxury sector... his recognised expertise in retail and his managerial qualities will be essential assets in taking Givenchy on to new milestones," Givenchy's board chairman Sidney Toledano said in the statement.
The appointment comes just months after the departure of Givenchy's artistic director Matthew Williams, an American who left in December 2023 after three years.