My Lover, My Son: Dirigido por John Newland. Fashion has never been so competitive. PARIS, France Kering, parent company of Parisian fashion brand Yves Saint Laurent, has announced that Francesca Bellettini will take the reins as the brand's new chief executive, effective September 1st. A dust-up occurred in 2015 during Mr. Slimanes tenure, when an ad featuring the young Dutch model Kiki Willems was censured and called irresponsible by Britains advertising watchdog agency because she looked excruciatingly thin. Reach out to me, at: laura.cohn@gmail.com or @laurascohn. Her obsession is paying off. Alex Murdaugh Receives Life Sentence: What Happens Now? She was a villain, then an icon. We work a lot on conversion.. The rebranding brought with it a more refined, heightened sense of elegance and luxury, reaffirming Saint Laurent as one of the worlds preeminent luxury fashion brands.. Do whatever you like. She took the job. Investing veterans Deborah Jackson and Andrea Turner Moffitt connectfemale entrepreneurs with investors in a creative way with their firm, Plum Alley Investments. A University of East Anglia researcher, Helen Bear, is developing technology to enable computers to read lips. PARIS The Vogue Paris Fashion Festival gathered industry voices from heritage brands to startups; traditional retail to digital; casting agents to supermodels. In 1999, she joined the Business Planning and Development division of the Prada group, and later became Operations Manager for Helmut Lang. That means you risk having more leftovers. Some mourned the YSL moniker, while others embraced the freshness of the new name and new look. Specifically, by handing greater autonomy and authority to local market chiefs, the brand has been able to connect far better with audiences in each region. She later became the Operations Manager for Helmut Lang where she found out that she was just as much attracted to the create aspect of the fashion industry as the business aspect. She has that rare leadership quality which allows her team members to do the work they were hired to do with little or no interference. Indeed, such a drastic identity change is usually a big no for established brands, but the audacious move came as part of a shake-up intended to give the brand some much-needed clarity. 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. He is Belgian-born, and his first language is French, but his parents come from Agrigento in Sicily, and he grew up speaking Italian. Although the virtual platform did not allow us to see the audience members, you could tell by Rosenkranz and Siegals faces that they were thoroughly moved by Bellettinis words. 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 . She is resolved to stay true to the brands DNA while pushing to capture new customers and enter new markets. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. It helps that were open, that we tend to smile, that we have this funny accent, she said, smiling. One featured a model in a fur jacket and fishnet tights reclining with her legs spread wide open; the other, a model in a leotard and roller-skate stilettos bending over a stool. OXFORDSHIRE, United Kingdom These days, Saint Laurent chief executive Francesca Bellettini spends more time fielding questions about her former colleague, current Celine creative director Hedi Slimane, than she would perhaps like. Francesca Bellettini, chief exec of fast-growing Yves Saint Laurent, says a crucial part of managing a business is balance. Impressively, the executive has maintained the house's upward trajectorydespitethe departure of its star creative director 787 Francesca Le Photos and Premium High Res Pictures - Getty Images All Entertainment News Archival Browse 787 francesca le stock photos and images available, or start a new search to explore more stock photos and images. How Yves Saint Laurent's CEO Worked to Improve Corporate Culture The oldest executive at Kering SA is Baudouin Prot, 69, who is the Director. Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom. Please see our privacy policy for more information. This has raised the bar for each and every one of us. Some white space to reach its new target. Biography of Francesca Bellettini - The Official Board Bellettini took it to that level within a three-year period. Cathy Chai left her steady job in financeat a UN agencyin Beijing for a finance gig at Medecins San Frontieres (Doctors Without Borders) in war-torn South Sudan. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. This business model is something Bellettini argues helps the brand to get back to its core essence as a fashion house. Bellettini explained that she was not afraid: I am Italian, I can speak with my hands, I would figure it out. Bellettini, Rosenkranz, and Siegal shared a laugh at this response. could be sentient says Microsofts chatbot feels like watching the Shark Tank investor Kevin OLeary says a new generation of employee has never worked in an officeand its totally I cant afford to sell because I dont want to lose that rate: 3% mortgage rates will loom large over the U.S. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Kering's third-quarter earnings presentation mentions a continued appeal to younger generations. The fundamentals are even stronger, Bellettini says of the luxury houses current business, speaking in an exclusive Vogue Business interview at her marble-clad office in Paris. Francesca Bellettini | Kering Hedi Slimane The biggest move to bring clarity back was changing the brand name. For me, this is a balance between creativity, merchandising and business, added Bellettini. Its a cascade. The established fashion executive spent years at the helm of several Kering brands before being tapped to lead Saint Laurent. She was there to review a collection for the upcoming season. Francesca Bellettini (FB): Saint Laurent's retail performances in China absolutely surpassed the pre-COVID-19 situation, boosted by Chinese consumers buying locally. Facebook gives people. Le grand appartement: Dirigido por Pascal Thomas. That, to me, has been what makes her such a wonderful CEO, especially in a creative field like fashion, said McInnes. Moderated by Emma . 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. According to the fashion house's CEO, Francesca Bellettini, the Vaccarello era at the fashion house will be a . While attending a recent industry function, she said a man told her she was a"disgrace" and that her campaign"would bring down the entire City [London's financial district]." Slimane leaves Saint Laurent, and Anthony Vaccarello is named. 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 . Diversification has been one key to the houses current success. of Yves Saint Laurent. The brand also completely stopped making public markdowns during the pandemic. Francesca Bellettini Photos and Premium High Res Pictures - Getty Images "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. 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. Customer Service. We knew that this was a super-healthy girl who had been working with us forever and we didnt see anything bad, Ms. Bellettini said. Im obsessed with two things: local customers and comp growth, says Bellettini. Flexibility has been another. Its part of the DNA of the brand, Bellettini told Business of Fashion (BoF) in an April 2016 interview. We dont do it to sell an extra bag. 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. Also, focus: In Paris, Ms. Bellettini lives in an apartment close to the 17th-century htel particulier on the Left Bank that serves as the companys creative core. Bellettini stressed the importance of finding those special people along who you can trust. Forging Saint Laurent's Future with Francesca Bellettini This inspired Bellettini to, in 1999, join the Business Planning and Development division of the Prada group. The 39-year-old fashion designer has always been a low-key personality, loath to toot his own horn, even though he has enjoyed double-digit sales growth at Saint Laurent since he was named creative director in April 2016. For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. As she explained on Monday at the Financial Times Business of Luxury Summit in San Francisco in conversation with the paper's Fashion Editor Jo Ellison, Bellettini believes strongly in giving a. We talk a lot about strategy, where we want to go. The World's Most Powerful Women: April 26 | Fortune The ad campaign had almost run its course, and Saint Laurent did not respond to the criticism. Nowadays, I see that the consumer approaches Saint Laurent from every product category depending on what they want, said Bellettini to BoF. . It wasnt her first time in the line of fire, in any case. Ending with a hopefulness to participate the next time Brown University Fashion Week takes place in person, Bellettini left us in awe. It was brilliant from a marketing standpoint. Definitely the sensitivity of people and their ability to speak out is much bigger than before, she said. For a full comparison of Standard and Premium Digital, click here. or However, Bellettini also expressed that delving into the fashion industry was not an easy decision; it would cut her salary in half compared to her work as an investment banker. A brand without clarity, at the end of the day, becomes just a commodity, said Bellettini at the Financial Times Business of Luxury conference in 2016. analyse how our Sites are used. When you are at 2 billion, to think of potential at 3 billion is too easy, she says. A great sales force can make a difference, in terms of proposing a silhouette. In his new novel, Tracy Flick Cant Win, author Tom Perrotta asks: Who is Tracy Flick now? She turned to her father for guidance. There, on the driveway at the edge of the sidewalk, the cobblestones under our feet rumble as we slowly start to descend: It turns out to be a platform elevator that takes us down, Bond-villain style, to a small parking lot. Francesca Bellettini - Biography - MarketScreener.com She has been the chief executive officer of Yves Saint Laurent since 2013. In the luxury group's2018 full-year results, Saint Laurent reached sales1.74 billion, a 16.1 percent increase in reported growth. Francesca Bellettini: The Powerhouse Behind the Billion-Dollar Brand As an Italian national, Bellettini grew up loving fashion and beauty, noting how her hometown, an influential street fashion hub, was inspiring. Proud to Be Italian: the Most Powerful Italian Women of The Fashion FORTUNE may receive compensation for some links to products and services on this website. Its one thing to have a strong brand and brand messaging, but that is lost within itself if it isnt carried throughout every level of the business, McInnes explained. Valerio Mezzanotti for The New York Times. First its for the people of the industry and then its for the people that look at the industry. I said, I met Mr. Bertelli and he offered me the job of my life, and I can leave banking, she recalled. Mr Saint Laurent himself said in the 70s: Why should we change a product when its already perfect? So, those people who were criticising the fact that some of our products were recurring and that we had a permanent collection probably didnt remember that it was actually part of the DNA of the brand, Bellettini told BoF. At a time when fashion is all about body positivity, Saint Laurent put thin models on the catwalk of its recent show. Power Moves | Francesca Bellettini Named CEO of Yves Saint Laurent Bellettini became the Strategic Planning Director and Associate Worldwide Merchandising Director of Gucci in 2003, the Worldwide Merchandising and Communications Director of Bottega Veneta in 2010, and the President and Chief Executive Officer of Yves Saint Laurent in 2013. The actor and comedian also discusses her new childrens book and writing a diary in the sauna, Tracy Flick Is Back: Older, Wiser, Still in High School, Chef Thomas Keller on Finding Professional Success After 40, Hailey Biebers Lymphatic Massage Provider Has a 2,300-Person Waitlist, Tiffany Haddish Reveals Her Secret Calendar Productivity Hack, The Tax Play That Saves Some Couples Big Bucks, How Gas From Texas Becomes Cooking Fuel in France, Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters, Rep. Alexandria Ocasio-Cortez Under Scrutiny for Met Gala Participation. As a luxury brand, you secure the best part of the leather. 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. Lauren Sherman. Francesca Bellettini, Luxury Fashion Leader - Bloomberg Saint Laurent's Dedication to Cultural Cultivation Fuels Growth in Its not a problem. , Mr. Pinault set a broad strategic vision and gave her flexibility and freedom in reaching the goals. President and Chief Executive Officer, Yves Saint Laurent. What was missing from Saint Laurent in 2012 was not the business or the foundation, but the fashion authority and the clarity of the brand. This is made possible through a leadership style that is confident, but trusting.
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