Givenchy appoints Alessandro Valenti as its new CEO

Givenchy has chosen a new leader. The LVMH label, which is still without a creative director, has announced the appointment of Alessandro Valenti as CEO with immediate effect. He succeeds Renaud de Lesquen, “who wishes to give a new direction to his career,” says the luxury group in a note.

 
The company didn’t have to look far, as it found its new CEO within Bernard Arnault‘s group, at Louis Vuitton to be precise, where the Italian manager headed up the EMEA region.
 
“Alessandro has 25 years of international experience. His extensive knowledge of the luxury goods industry, including more than 10 years at Louis Vuitton, his recognised expertise in retail and his managerial skills will be essential assets in taking Givenchy to new heights. I would also like to thank Renaud for his great contribution to the LVMH Group since his arrival in 2012, first at Christian Dior Couture, then at Christian Dior Parfums and more recently at Givenchy,” comments Sidney Toledano.