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French fashion house Kering appoints Stefano Cantino as new Gucci CEO

09 Oct '24
2 min read
French fashion house Kering appoints Stefano Cantino as new Gucci CEO
Stefano Cantino. Pic: Kering

Insights

  • French fashion company Kering has appointed Stefano Cantino as the new CEO of luxury clothing brand Gucci.
  • Cantino will succeed Jean-François Palus as of January 1, 2025, stated Kering in a press release.
  • Deputy CEO of Kering, Francesca Bellettini said that she is deeply grateful to Francois for his dedication and loyalty to Gucci over the transition period.
French multinational holding company Kering has announced the appointment of Stefano Cantino as chief executive officer (CEO) of Gucci, reporting to Francesca Bellettini, deputy CEO of Kering in charge of brand development. Stefano Cantino, who joined Gucci in May 2024 as deputy CEO and will have a seat on Kering’s executive committee, will succeed Jean-François Palus as of January 1, 2025.

Jean-François Palus was appointed CEO of Gucci in July 2023 with the main goal to set up the foundations of Gucci’s next chapter and hire key talents, including his successor.

Francesca Bellettini said in a statement: “I am deeply grateful to Jean-François for his dedication and loyalty to Gucci over this transitional period. I am confident that, building on what has been set up over the past 15 months, Stefano and the Gucci team will succeed in the mission to take Gucci back to the leadership the brand deserves.”

François-Henri Pinault, chairman and CEO of Kering, stated: “I wholeheartedly thank Jean-François for his achievements at the helm of Gucci since summer 2023. Over a particularly challenging period, he made the courageous decisions the House needed and built sound foundations for a renewed Gucci to flourish again under the stewardship of Stefano. I also want to acknowledge Jean-François’s close and constant collaboration with me over the past 30 years, which has been truly invaluable.”

Cantino has previously worked with Louis Vuitton where he was heading communications and image. Prior to his time at Louis Vuitton, Cantino, a graduate in Political Science from the University of Turin, spent 20 years in the Prada Group where he held positions of increasing responsibility in marketing and commercial, culminating in his role as director of communications and marketing.

Fibre2Fashion News Desk (SG)

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