Demna Gvasalia - Designer, Creative Director of Gucci

[PDFSD]

lol MISS TWEED changed /updated the story
BREAKING - Francesca Bellettini could become Gucci’s new CEO

Kering deputy CEO Francesca Bellettini could take over the leadership of Gucci as part of management changes being discussed at the French luxury group, sources with first-hand knowledge of the matter said.

 

[Simera]

How long has this man known he was coming to Gucci, but hasn't thought of anything? Claims he only has 2 months? What a lazy man.

And that Junoso Sonja that shakes at his shows and people say has Parkinson's. I saw a video with her talking and no shaking at all. So is this another gimmick from him?
I just him Demna utterly repulsive. God pray for Gucci.

 

[gallianoforever]

lol MISS TWEED changed /updated the story
BREAKING - Francesca Bellettini could become Gucci’s new CEO
View attachment 1395070
Kering deputy CEO Francesca Bellettini could take over the leadership of Gucci as part of management changes being discussed at the French luxury group, sources with first-hand knowledge of the matter said.

what is it in her management style that Kering loves so much? Can someone explain?Genuinely curious.

 

[yslforever]

lol MISS TWEED changed /updated the story
BREAKING - Francesca Bellettini could become Gucci’s new CEO
View attachment 1395070
Kering deputy CEO Francesca Bellettini could take over the leadership of Gucci as part of management changes being discussed at the French luxury group, sources with first-hand knowledge of the matter said.

So she might save a position in the end ? Just why ? As if she had no responsabilities in Michele and Ancora ?

 

[style_expert]

Probably September 25 was a bad time for a new chapter show because of the very high expectations and many other new designers presenting collections for brands they recently joined. Fear of comparison?

She has a point here. I wouldn't call it fear of comparison, but in a sea of so many debuts, will people really care about Demna at Gucci? What Dior did with J.W. Anderson’s recent debut was spend, spend, spend on marketing. It takes very deep pockets to make a moment land, especially if the debut doesn’t catch fire organically. And if the collection is lukewarm, you really need a well oiled machine behind you to spin it.

I don’t envy Demna. In this market, his debut at Gucci is an uphill battle — almost poised to fail — unless he has an exceptional, well-prepared executive and PR team backing him. Which, if Belletini indeed does become Gucci’s CEO, may very well not be the case.

We’ve all criticized Sabato’s lackluster run (and rightly so), but it’s worth asking how it was allowed to happen in the first place.
Even if Luca de Meo is as brilliant as people say, Kering will need far more than just one capable CEO. New great talent is needed at every level beneath him. Disaster after disaster doesn’t happen in a vacuum.

 

[PDFSD]

So she might save a position in the end ? Just why ? As if she had no responsibilities in Michele and Ancora ?

a stake in Michele leaving yes !! not appointment or running of gucci during his time.
in her first big statements she even looked down on michele era , that's why Ancora was her answer to the things she did not like of michele´s Gucci as she was also not responsible for its success.

just as balenciaga old ceo it would not matter who is ceo if demna has success because he will drive the ideas and the ceo follows and makes sure the golden boy can do all he wants.

she can ride that wave too as she ride the Hedi wave with Vaccarello

 

[oioioi]

Confusing how MissTweed put out the first article about Bellettini and Cantino looking for new jobs and 12hrs later removing/swapping the store for her potentially becoming Gucci CEO (quite opposite spectrums of source info?)
Disregarding talking about her performance, where does that leave Cantino then?

 

[PDFSD]

Confusing how MissTweed put out the first article about Bellettini and Cantino looking for new jobs and 12hrs later removing/swapping the store for her potentially becoming Gucci CEO (quite opposite spectrums of source info?)
Disregarding talking about her performance, where does that leave Cantino then?

i did not read the articles i don't subscribe, so no clue, but normally she goes in on the spectrum of intel and her ideas of what it could mean as a consequence.

i assume she got last minute intel few hours she posted so decided to update the article that still had as credit both Belletini and Cantino as to be on the pic even while now you see only Bellentini.

 

[Phuel]

a stake in Michele leaving yes !!

…She’s not all that useless, then...

Thanks for the socio-economic perspective of Kering. Always disliked the business of fashion, and the culture of greed is so relentlessly suffocating more so than ever before in this era, it’s undeniably fascinating how Demna manages to navigate in the midst of this all; appealing to the lowest of common denominators and still impressively offering that classic level of traditional couture all in the same drop. I’m not sure if that’s good or bad thing: I suppose he learned it from his time at LVMH. It’s why I’d never wish any of the solid independent names still plugging away solidly and securely, installed at any house enslaved by either one of these conglomerates. Even with the access to the studio’s talented team and the potential for outrageously beautiful couture creations, it’s just not worth any of these individuals trading in their souls.

Still likely not going to touch Gucci since the brand is now synonymous with trash culture, Hopefully Demna remembers his debut at Balenciaga for his Gucci: The plush cashmere sweatsuits and slouchy, cocoony shearing coats and leather aviators for men, alongside the women’s matronly but still sleek Georgian floral prints (There were a lot of silk prints during the Dawn Mello years) from literal head to stiletto-toe remain a turning point in the new high fashion era. Just copy/paste his Balenciaga HC vibe to his Gucci— cuz PPP surely doesn’t possess the talent for masterclass demented trolling with equal parts couturier’s discipline to continue at Balenciaga.

 

[PDFSD]

From One Luca to Another: What Kering’s New CEO Should Do First​

Bernstein luxury analyst Luca Solca thinks Luca de Meo should fix the management organization, and curb debt levels.
ByMILES SOCHAPlus Icon

JULY 16, 2025, 10:06AM​

Luca de Meo COURTESY OF KERING

Luca de Meo won’t arrive as Kering’s new chief executive officer until mid-September, but luxury analysts are already drafting a to-do list for him.
In a research note Wednesday, Bernstein analyst Luca Solca said the Renault executive must curb Kering‘s elevated debt levels, and perhaps “negotiate a larger ‘equity for Valentino’ deal with Mayhoola.”
Two years ago, Kering bought a 30 percent stake in Valentino for 1.7 billion euros in cash as part of a broader strategic partnership with the Qatari investment fund. The French group, parent of Gucci, Saint Laurent, Balenciaga and other luxury brands, has an option to buy 100 percent of Valentino’s capital by 2028, while Mayhoola could become a shareholder in Kering.

According to Bernstein’s tallies, Kering will need up to 3.4 billion euros in cash to pay for the remaining 70 percent.

Solca also suggested de Meo should fix the management operation, and foresees “less of a need” for deputy CEOs Francesca Bellettini, in charge of brand development, and Jean-Marc Duplaix, in charge of operations and finance.

François-Henri Pinault, who has held the CEO title since 2005 and navigated the family-controlled conglomerate through multiple transformations, put that management structure in place as he quietly prepared for his succession. He is retaining the chairman’s role and indicated he will be fully involved in the strategic orientation of the group.

“There would seem to be lots of cooks in the kitchen if a hands-on chairman, a CEO and two co-CEOs were to coexist, not to mention brand CEOs,” Solca wrote in the report. “Who will call the shots on Gucci and the other brands?

“The role of brand coordinator creates a ‘moral hazard’ at the brand level, driving a disconnect between the person who’s calling the shots — we think Bellettini —and the person who’s on the hook —Stefano Cantino, as the CEO of Gucci.”


Solca cautioned that “miracle expectations” on designers — in this case Demna, brought over from Balenciaga to rev up Gucci — should be put into perspective as designers “operate in the context of a vision from the brand leader, and in coordination with all other company functions.”

According to Bernstein, Kering’s net debt rose from 200 million euros in 2021 to about 10.5 billion euros at the end of 2024 as the French group embarked “on a major M&A and capex spree just at the time when business performance was sinking.”

In addition to the Valentino stake, Kering acquired beauty brand Creed, eyewear firm Maui Jim and prime chunks of real estate in Tokyo, Milan, Paris and New York, some of which have already been sold back at lower than the purchase price, which Solca described as “a bitter but necessary medicine.”

The announcement that de Meo would leave Renault Group for Kering “produced a 3.4 billion euro share price move, when we add the decline at Renault and the increase at Kering,” according to Bernstein.

The Italian executive spent five years leading Renault and boasts a total of 30 years in the automobile industry at brands including Fiat, Alfa Romeo, Toyota, Volkswagen and Seat.

 

[PDFSD]

www.voguebusiness.com 17 july 2025

Kering will report Q225 revenue after market on 29 July, and it looks like it will be roughly in line with the first quarter, with sales down 14 per cent at Kering and down 25 per cent at Gucci, according to HSBC estimates.

What will steer the conversation in Q3 will be Demna’s “first hints” at Gucci, to be unveiled in September, as Kering deputy CEO Francesca Bellettini announced during the group’s first-quarter earnings. (She did not clarify in what format. His debut show will be held in February.)
Luca de Meo will take on his role as Kering CEO on 15 September. “He needs to understand the business and then communicate his vision to the market,” Rambourg says.

 

[Lola701]

For me it’s so weird. It almost feels like the people at Kering said to themselves that this is a year off.
No strategy or new drops to maybe boost sales, even in a superficial way.
No new bag? No new collab? Something?

This is the proof that the leadership is lacking. And once again, everything will rest on the Creative Director.
If I was Demna, I will do « A Hedi » and only deal with Pinault and De Meo.

Because if even in this transition time the CEO cannot come up with ideas, his contribution won’t be needed at all.

 

[FashionPower]

From One Luca to Another: What Kering’s New CEO Should Do First​

1. Fire Bellettini ASAP
2. Avoid FHP letting be involved in fashion / marketing discussions. He should only be involved in finance topics
3. Gucci: fire Zanola (no one cares about his cringe art direction), Buzzoni (Gucci PR is less relevant than Jacquemus nowadays...), Cantino and in general all of the Gucci's first line directors / senior managers
3. Properly support Demna's vision for Gucci rebranding
4. Give Vaccarello an ultimatum: start to be properly involved in bags design otherwise you're out
5. Get a decent bag designer for YSL cause YSL bags are cheapified CHANELs
6. Decide whether Bottega will be the italian Hermes or yet another iteration of Khaite, Phoebe, The Row with intrecciato details
7. Fire Mcgirr and reshuffle the brand on pristine suiting a la Burton

These are the first things that come to my mind...can I get my check now FHP?

 

[PDFSD]

1. Fire Bellettini ASAP
2. Avoid FHP letting be involved in fashion / marketing discussions. He should only be involved in finance topics
3. Gucci: fire Zanola (no one cares about his cringe art direction), Buzzoni (Gucci PR is less relevant than Jacquemus nowadays...), Cantino and in general all of the Gucci's first line directors / senior managers
3. Properly support Demna's vision for Gucci rebranding
4. Give Vaccarello an ultimatum: start to be properly involved in bags design otherwise you're out
5. Get a decent bag designer for YSL cause YSL bags are cheapified CHANELs
6. Decide whether Bottega will be the italian Hermes or yet another iteration of Khaite, Phoebe, The Row with intrecciato details
7. Fire Mcgirr and reshuffle the brand on pristine suiting a la Burton

These are the first things that come to my mind...can I get my check now FHP?

like this you make wayyyyyyy more sense than talking about riri´s pregnant non high fashion approved body :-) lol
i agree you should get a consultancy fee.