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Kering Names New CEOs at Saint Laurent and Balenciaga

Balenciaga chief Cédric Charbit will lead Saint Laurent, to be replaced by Gianfranco Gianangeli, effective January 2, 2025.
Kering has appointed Cédric Charbit (left) CEO of Saint Laurent and Gianfranco Gianangeli (right) CEO of Balenciaga, effective 2 January 2025.
Kering has appointed Cédric Charbit (left) CEO of Saint Laurent and Gianfranco Gianangeli (right) CEO of Balenciaga, effective 2 January 2025. (Courtesy Kering)

French luxury group Kering has promoted Balenciaga chief Cédric Charbit to lead Saint Laurent, its second-biggest brand.

The move will allow Francesca Bellettini, Saint Laurent’s CEO since 2013, to be “entirely dedicated” to her role as Kering’s co-deputy CEO, Kering said in a statement Monday.

Gianfranco Gianangeli will replace Charbit at the helm of Balenciaga. The executive joined Kering last year as chief commercial officer at Saint Laurent, following a three-year stint as CEO of Maison Margiela.

Stay tuned to BoF for updates on this developing story.

Further Reading

Francesca Bellettini’s Plan For Kering

Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship label Gucci?

The Business Vision Behind Balenciaga’s ‘New Era’

From a couture revival to winning the Met Gala, the Kering-owned brand is white-hot. Ahead of its buzzed-about Paris Fashion Week show Saturday, CEO Cedric Charbit speaks to BoF about the strategy behind ‘new era’ Balenciaga and his plan for pushing sales to the next level.

About the author
Robert Williams
Robert Williams

Robert Williams is Luxury Editor at the Business of Fashion. He is based in Paris and drives BoF’s coverage of the dynamic luxury fashion sector.

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