Leadership Shift at Kering's Flagship Brand
Stefano Cantino stepped down after a year as Gucci's leader.
Luca de Meo became Kering's CEO, aiming to streamline operations with Gucci as flagship.
Bellettini led Saint Laurent for a decade and will manage Gucci with creative director Demna.
Kering's first-half 2025 net profit fell 46% due to Gucci's 25% sales drop.
Bellettini expressed eagerness to lead under de Meo's strategic plan.
10 hours ago