LadyJunon
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Kering the owner of Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735 as well as Kering Eyewear and Kering Beauté. Its parent company, Artémis, owns shares in Courrèges, Puma and Giambattista Valli.
In the past five years, Kering has faced numerous hardships concerning brand performance, company leadership and corporate structure with this past year being the most turbulent for the company. Below is a list of Kering's major creative director and executive changes:
2018
• Kering sells its shares of the Christopher Kane and Stella McCartney brands.
• Tomas Maier leaves Bottega Veneta after 17 years with his eponymous label also being shut down. His replacement is Daniel Lee.
• Patrick Pruniaux becomes the CEO of Kering's watchmaking houses, Girard-Perregaux and Ulysse Nardin.
• Kering has a shift in the board of directors with Héloïse Temple-Boyer replacing Patricia Barbizet as Deputy Chairman and Ginerva Elkann replacing Laurence Boone as Chief Economist.
• Artémis, Kering's parent company, acquires Courrèges, a few weeks before Yolanda Zobel's debut show. They've also acquired a minority share in Giambattista Valli, the year prior.
2019
• Bartolomeo Rongone replaces Claus-Dietrich Lahrs as CEO of Bottega Veneta.
• Kering appoints Cédric Charbit, CEO of Balenciaga, as part of Kering's Executive Committee.
2020
• Adrien de Maïa replaces Christina Ahlers as CEO of Courrèges.
• Nicolas Di Felice replaces Zobel as Creative Director of Courrèges.
• Charlotte Werner becomes the first CEO of Giambattista Valli.
• Kering sells back its shares of the Altuzarra label.
• Saint Laurent drops from the official show schedule, opting to show collections through film. The rest of the company follows suit.
• Jean Liu, Tidjane Thiam and Emma Watson join the Board of Directors.
2021
• Kering approaches Richemont for a merger, but is rejected.
• Kering transfers its shares of Puma to Artémis to refocus Kering on luxury.
• Ginevra Elkann leaves the Board of Directors.
• Kering acquires Lindberg.
• Artémis, Kering's parent company, acquires a majority stake in Giambattista Valli.
• Matthieu Blazy replaces Daniel Lee as Creative Director of Bottega Veneta.
2022
• Kering approaches Richemont once more for a merger, but is rejected again.
• Kering sells its stakes in Girard-Perregaux and Ulysse Nardin.
• Gianfilippo Testa replaces Emmanuel Gintzburger as CEO of Alexander McQueen.
• Alessandro Michele leaves Gucci after almost eight years as Creative Director, due to slowing sales.
• Balenciaga comes under fire for an inappropriate advertising campaign featuring a child holding a stuffed bear wear BDSM gear. The house has yet to fully recover from the scandal in the Anglosphere.
2023
• Sabato de Sarno is announced as Gucci's Creative Director. He is slated to show his debut Spring 2024 collection this coming September.
• Bluebell, an activist investment company, acquires a stake in Kering, prompting a management shift.
• Marco Bizzari is stepping down from his CEO position at Gucci with Jean-François Palus, Deputy CEO of Kering, will act as a temporary CEO of Gucci.
• Francesca Belletini, Saint Laurent's CEO, will gradually become Kering's Deputy CEO with Saint Laurent receiving new management.
• Raffaella Cornaggia becomes CEO of Kering Beauté.
• Armelle Poulou becomes CFO of Kering.
• Maureen Chiquet joins the Board of Directors.
• Kering acquires 30% of Valentino with plans of a full acquisition and an investment from Mayhoola by 2028.
Disclaimer: The list isn't exhaustive, but there's enough to illustrate Kering's current situation.
In the past five years, Kering has faced numerous hardships concerning brand performance, company leadership and corporate structure with this past year being the most turbulent for the company. Below is a list of Kering's major creative director and executive changes:
2018
• Kering sells its shares of the Christopher Kane and Stella McCartney brands.
• Tomas Maier leaves Bottega Veneta after 17 years with his eponymous label also being shut down. His replacement is Daniel Lee.
• Patrick Pruniaux becomes the CEO of Kering's watchmaking houses, Girard-Perregaux and Ulysse Nardin.
• Kering has a shift in the board of directors with Héloïse Temple-Boyer replacing Patricia Barbizet as Deputy Chairman and Ginerva Elkann replacing Laurence Boone as Chief Economist.
• Artémis, Kering's parent company, acquires Courrèges, a few weeks before Yolanda Zobel's debut show. They've also acquired a minority share in Giambattista Valli, the year prior.
2019
• Bartolomeo Rongone replaces Claus-Dietrich Lahrs as CEO of Bottega Veneta.
• Kering appoints Cédric Charbit, CEO of Balenciaga, as part of Kering's Executive Committee.
2020
• Adrien de Maïa replaces Christina Ahlers as CEO of Courrèges.
• Nicolas Di Felice replaces Zobel as Creative Director of Courrèges.
• Charlotte Werner becomes the first CEO of Giambattista Valli.
• Kering sells back its shares of the Altuzarra label.
• Saint Laurent drops from the official show schedule, opting to show collections through film. The rest of the company follows suit.
• Jean Liu, Tidjane Thiam and Emma Watson join the Board of Directors.
2021
• Kering approaches Richemont for a merger, but is rejected.
• Kering transfers its shares of Puma to Artémis to refocus Kering on luxury.
• Ginevra Elkann leaves the Board of Directors.
• Kering acquires Lindberg.
• Artémis, Kering's parent company, acquires a majority stake in Giambattista Valli.
• Matthieu Blazy replaces Daniel Lee as Creative Director of Bottega Veneta.
2022
• Kering approaches Richemont once more for a merger, but is rejected again.
• Kering sells its stakes in Girard-Perregaux and Ulysse Nardin.
• Gianfilippo Testa replaces Emmanuel Gintzburger as CEO of Alexander McQueen.
• Alessandro Michele leaves Gucci after almost eight years as Creative Director, due to slowing sales.
• Balenciaga comes under fire for an inappropriate advertising campaign featuring a child holding a stuffed bear wear BDSM gear. The house has yet to fully recover from the scandal in the Anglosphere.
2023
• Sabato de Sarno is announced as Gucci's Creative Director. He is slated to show his debut Spring 2024 collection this coming September.
• Bluebell, an activist investment company, acquires a stake in Kering, prompting a management shift.
• Marco Bizzari is stepping down from his CEO position at Gucci with Jean-François Palus, Deputy CEO of Kering, will act as a temporary CEO of Gucci.
• Francesca Belletini, Saint Laurent's CEO, will gradually become Kering's Deputy CEO with Saint Laurent receiving new management.
• Raffaella Cornaggia becomes CEO of Kering Beauté.
• Armelle Poulou becomes CFO of Kering.
• Maureen Chiquet joins the Board of Directors.
• Kering acquires 30% of Valentino with plans of a full acquisition and an investment from Mayhoola by 2028.
Disclaimer: The list isn't exhaustive, but there's enough to illustrate Kering's current situation.
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