You will be notified in advance of any changes in rate or terms. Already a member? We communicate the brand, and Anthony does it in a way thats very relevant, she says. FRANCESCA BELLETTINI. According to the fashion house's CEO, Francesca Bellettini, the Vaccarello era at the fashion house will be a . Francesca Bellettini, the chief executive of Yves Saint Laurent, in Paris.CreditMarco Cella for The New York Times. Hear the latest economic, business and market news, as well as global, national, and local news. Francesca Bellettini | BoF 500 | The People Shaping the Global Fashion Her extensive managerial experience in the fashion industry precedes her time at Bottega Veneta;she previously was a merchandising director at Gucci, operations manager at Helmut Lang, and has also held various positions at Prada. FOR those predicting another seismic shift in brand identity at Saint Laurent - following the departure of Hedi Slimane last month and the appointment of Anthony Vaccarello - you will be in for a surprise. At a time when fashion is all about body positivity, Saint Laurent put thin models on the catwalk of its recent show. university The established fashion executive spent years at the helm of several Kering brands before being tapped to lead Saint Laurent. Well, it turned out they didnt know much. I could spend all day in here, Vaccarello says. Saint Laurent's Dedication to Cultural Cultivation Fuels Growth in But she does believe in learning from mistakes. The brands sales surged 45 per cent in the first three quarters of 2021, while parent groups Kering sales were up 36.6 per cent. Sexy concepts Slimane leaves Saint Laurent, and Anthony Vaccarello is named. Saint Laurent's Power Woman - The New York Times But I dont have to do something to please someone or some client.. Saint Laurent wanted to be a billion-dollar company. This is to ensure the offer is reflecting the current vision of the brand. You may cancel your subscription at anytime by calling and other data for a number of reasons, such as keeping FT Sites reliable and secure, Such praise is undoubtedly due, but Bellettinis work behind the scenes has been just as instrumental. After Prada, she jumped to Helmut Lang, to Gucci and then to Bottega Veneta, where she was communication and merchandising director, living comfortably in Lugano, near Milan. Anyone can read what you share. Compare Standard and Premium Digital here. This was a further step, she says. This business model is something Bellettini argues helps the brand to get back to its core essence as a fashion house. Gucci became the first brand to go public, attracting business administrators to the sector. While she was working as an investment banker, the fashion industry was flourishing. Although Bellettini shared that she did not always know she wanted to work in the fashion industry, she was certain her dream was to run a company. Consumers realised it and since the offer was already well-developed, they could find it in stores.. cookies We see with the store reopening worldwide, we have a lot of younger customers coming, people in their 20s, buying gifts, etc., she says. She turned to her father for guidance. Rosenkranz asked about hurdles and bumps faced along the way, and Bellettini shared how her biggest mistake was allowing fear to get in her way. A record number of women made Britains rich list, Yves Saint Laurents chief exec talks about managing a successful fashion business, and in one area of Silicon Valley, women rule. Previously, she worked in Compass Partners International, UK from 1998 to 1999, in Deutsche Morgan Grenfell, UK from 1996 to 1998 and in Goldman Sachs . California Weighs $360,000 in Reparations to Eligible Black Residents. Saint Laurent Paris is consistent throughout, from manufacturing to customer service, with every employee at every level aware of the brand identity and carrying on their jobs with a full understanding of the story they are telling.. Francesca Bellettini was considered an odd choice for the heritage house but shes led it into the billion-euro club. Do whatever you like. She took the job. Comments, questions or feedback? That mindset is reflected in what Saint Laurent does as much as what it chooses not to do. Kering's third-quarter earnings presentation mentions a continued appeal to younger generations. At a time when other Kering brands including Alexander McQueen and Gucci dabble in resale, Saint Laurent stays away from it; at a time when gaming takes fashion by storm, Saint Laurent doesnt jump on the bandwagon. Today, the collections may not be identical, but the fact equal importance is placed on menswear and womenswear is something quite uncommon in the world of high fashion. But she did not pull the ads. Saint Laurent CEO Francesca Bellettini on the making of a $1bn brand Bellettini has overseen a radical rebranding, overhauling the company from within Image: Nico. Showing Editorial results for francesca le. From 1999 until 2002, Ms. Bellettini worked in the Prada Group, Italy, first in the Planning and New Business Development Division of Prada and, in 2002, as Operations Manager of Helmut Lang. He is Belgian-born, and his first language is French, but his parents come from Agrigento in Sicily, and he grew up speaking Italian. The event ended with this final question: what is the greatest piece of advice you can share to the audience? It was pissing me off a little bit, she said. Francesca Bellettini, chief exec of fast-growing Yves Saint Laurent, Gina Miller, co-founder of investment boutique SCM Private, has campaigned against sneaky chargesin the asset management market. Bellettini will succeed current chief executive Paul Deneve, who after two years at the head of the luxury fashion label is leaving for a position in the technology industry in California . It wasnt her first time in the line of fire, in any case. And you have to act as if youre already there., https://www.nytimes.com/2018/02/27/style/francesca-bellettini-yves-saint-laurent-paris.html. Certainly, Bellettini deserves to be recognised as one of the most influential leaders in fashion today. Mr. Vaccarello and Ms. Bellettini have since become soul mates. Her obsession is paying off. Plan A was to study Business Administration at Bocconi University and follow her dream of running a company. Due to the extraordinary growth of the company under her leadership, she has been named by the Financial Times as one of the 25 most influential women of 2022. An Italian woman who had never run a company, lived in Paris or learned the unwritten codes of French society, she was considered a strange choice to become chief executive of Yves Saint Laurent, the ultimate French brand, in 2013. Bellettini has increased control over distribution, rationalised the number of wholesale doors and put in place a controlled and even more selective product distribution by signing contracts of selected distribution in Europe, converting in concessions some doors with wholesale partners. Having crossed the $1 billion in sales threshold in 2017, the brand isa star performer in parent companyKerings luxury portfolio. 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It became modern and sleek, with an homage to the brands history, while elevating it from the image Yves Saint Laurent called to mind at the time it made everyone have an opinion. Francesca Bellettini was appointed president andchief executiveof Saint Laurent in July 2013. Inside out People from her region have a disarming way of speaking that makes them sound playful even when they are dead serious. Under Bellettinis leadership and Vaccarellos creative guidance, Saint Laurent has continued its unprecedented rise. "I most often work in places that are torn by war, natural disasters or epidemic, but I'm incredibly at peace amid the chaos," she said. Premium access for businesses and educational institutions. In early 2016, Slimane shocked the fashion world by announcing his decision to leave Saint Laurent, in spite of the success and influence he enjoyed in his role. Its a cascade. Many observers credit Slimane for Saint Laurents recent success. Our Q3 performance in China was very strong, with excellent growth in-store and online. Now Dravida, also the firm's chief executive, is conducting research trials to treat a number of debilitatingconditions, including rheumatoid arthritis, muscular dystrophy, and stroke. Francesca Anderson, the rich wife of an older millionaire, can't cope with the death of her lover, who is the father of her only son, James. In his place, Bellettini appointed Anthony Vaccarello, a young designer who had previously been successful at Versus Versace. Together they weathered a storm of public opprobrium last March, when Frances advertising watchdog asked Saint Laurent to modify two ads created by Mr. Vaccarello after receiving dozens of complaints that they degraded women. Francesca Bellettini is 50, she's been the President and Chief Executive Officer of Yves Saint Laurent and Member of the Executive Committee of Kering SA since 2015.

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