Who is Gucci’s new CEO Francesca Bellettini, who was previously with Saint Laurent?
Bellettini is replacing Stefano Cantino after he spent only 9 months at the Italian fashion brand – so who is she exactly?
Placing Bellettini directly in charge of Gucci, which she previously oversaw from Paris as deputy Kering CEO, marks chief executive Luca de Meo’s first major move since taking the helm last week.
Bellettini had been deputy CEO in charge of brand development since 2023, alongside Jean-Marc Duplaix, who Kering said would stay on as chief operating officer.
“I intend to build a leaner and clearer organisation,” de Meo said in a statement.
At its peak in 2022, Gucci generated more than 10 billion euros (US$11.85 billion) in annual sales. But over the past two years, a period marked by designer and management changes, sales have plunged by double-digit percentages. In the past quarter, sales were down 25 per cent.
Here is everything you need to know about Francesca Bellettini.
Francesca Bellettini began her career as a banker
