LVMH has appointed Alessandro Valenti as the new CEO of its haute couture house Givenchy, marking a new chapter for the iconic brand. Valenti, who has been with LVMH since 2014, succeeds Renaud de Lesquen, who served as CEO since 2020. Givenchy’s board chairman, Sidney Toledano, highlighted Valenti’s extensive knowledge of the luxury sector, expertise in retail, and managerial qualities as key assets for the brand’s future. This appointment follows the recent departure of Givenchy’s artistic director, Matthew Williams, who left in December 2023 after three years.