Pierpaolo Piccioli at Gucci's show in Sept. 2023
Italian designer Pierpaolo Piccioli is set to be appointed Fendi’s new creative director, several senior industry sources said. Piccioli is credited with having strengthened Valentino’s fashion authority, particularly in couture and evening wear, and growing the Italian brand into a €1.3 billion business during his 16-year tenure.
On a separate matter, sources close to LVMH said that Chris de Lapuente, 61, a member of LVMH's executive committee since 2011 and currently in charge of selective distribution, was leaving the group. His departure could be announced as early as this week. It's not clear why he is exiting. LVMH declined to comment.
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