default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Balenciaga Appoints New CEO

Former Saint Laurent executive Cédric Charbit succeeds Isabelle Guichot, who will take on new responsibilities within parent company Kering.
By
  • Bloomberg

PARIS, France — French fashion house Balenciaga appointed Cédric Charbit as chief executive officer as owner Kering SA hands the reins to an executive from its Saint Laurent brand.

Charbit, 39, succeeds Isabelle Guichot, who held the role for nine years and will take on new responsibilities within Kering, the Paris-based parent said Monday.

It's the latest bout of management turnover in the beleaguered fashion industry, following Kering's appointment last month of former Hugo Boss chief Claus-Dietrich Lahrs as the new head of its Bottega Veneta brand. Burberry Group Plc has handed the CEO role to Marco Gobbetti, allowing Christopher Bailey to steer the creative side, while Gianni Versace SpA has also replaced its CEO, tapping Jonathan Akeroyd from Kering's Alexander McQueen.

For Balenciaga, the appointment marks a further change at the top for a brand that was founded by Cristobal Balenciaga in 1919 and acquired by Kering in 2001. Demna Gvasalia took over from Alexander Wang as the fashion house's creative head about a year ago.

Charbit joined Saint Laurent in 2012 and earlier this year took on the role of executive vice president of product and marketing. At Balenciaga, he will be tasked with accelerating the brand’s international growth, Kering said in a statement.

By Paul Jarvis ; editor: Matthew Boyle.

Related Articles:

© 2022 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.


Join us for our next #BoFLIVE on Thursday, February 16 at 15:00 GMT / 10:00 EST, based on our latest case Study How to Build a Profitable DTC Brand. BoF’s deputy editor Brian Baskin along with DTC correspondent Malique Morris and chief marketing officer of UK-based beauty brand Trinny London, Shira Feuer explore blueprints for growing a profitable brand.


The 10 themes in The State of Fashion 2023, the authoritative annual report from The Business of Fashion and McKinsey & Company, highlight how businesses can deploy realistic yet bold strategies to drive growth, even amid challenging times.


view more

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty - Global Forum
© 2023 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy and Accessibility Statement.
The Business of Beauty - Global Forum