Valentino has appointed Riccardo Bellini as its new chief executive officer, effective September 1, 2025. Bellini brings three decades of international luxury management experience and previously served as managing director at Mayhoola Investments LLC, Valentino’s majority shareholder, where he oversaw a portfolio including Balmain, Pal Zileri, and Turkish luxury retailer Beymen. The appointment comes as Valentino undergoes a transition, facing pressure on profit margins while working to translate creative director Alessandro Michele’s vision into sustainable business results.