Valentino has ushered in a new era by appointing Riccardo Bellini as Chief Executive Officer, effective immediately. Bellini, who previously led Chloé, steps into the role at a pivotal time for the Italian luxury brand. He succeeds Jacopo Venturini and will work closely with creative director Alessandro Michele, formerly of Gucci—a dynamic duo poised to reshape Valentino's future.
This move comes under the watchful eye of Mayhoola for Investments, the Qatari group that owns Valentino. Mayhoola also controls Balmain and Pal Zileri, and is pushing for accelerated global expansion. Valentino's sales have lagged behind competitors like Dior and Gucci in recent years, prompting leadership to seek fresh strategies for growth.
