One featured a model in a fur jacket and fishnet tights reclining with her legs spread wide open; the other, a model in a leotard and roller-skate stilettos bending over a stool. She has been the chief executive officer of Yves Saint Laurent since 2013. The news sent shockwaves through the industry, with many interpreting the change as a sign of disrespect to the companys founder and namesake. YSL continues to grow that number. However, along with creative director Anthony Vaccarello, who she recruited in 2016, Bellettini has steered Saint Laurent to new heights without deviating from the brands DNA. She joined Kering in 2003 as Strategic Planning Director and Associate Worldwide Merchandising Director of Gucci. Because in each and every one of them, we offer a balanced collection, from entry level to higher price points, and from different occasions and views. The ads were displayed on about 250 kiosks in France, mainly in Paris, and in fashion magazines; the open-legged ad was splashed on a large billboard along the route to Paris from Charles de Gaulle airport. (Personal luxury goods sales dropped 22 per cent at the time, according to a Bain Altagamma study.) One question asked Bellettini what she most enjoyed about her job. Ready-to-wear, however, is growing faster at the moment, Bellettini notes, but she adds that the breakdown per category is not meaningful. , who was succeeded by Anthony Vacarello in April 2016. My Lover, My Son (1970) - IMDb Yet, this also meant that they could not hire more people either. He met with Ms. Bellettini secretly, and after several interviews, including one with Franois-Henri Pinault, Kerings chairman and chief executive, was offered the job. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. At present, 15 percent of Saint Laurents global customer base is in Europe, 20 percent is in China, 15 percent is in Japan, 20 percent is in the rest of Asia, and 17 percent is in the US, with the remainder spread throughout the rest of the world. Silicon Valley always seems to be abuzz about the limited number of womenin the tech industry. Indeed, such a drastic identity change is usually a big no for established brands, but the audacious move came as part of a shake-up intended to give the brand some much-needed clarity. Impressively, the executive has maintained the house's upward trajectorydespitethe departure of its star creative director Reproduce canciones como "Distratto (I Wonder About You) [Acoustic Live Solo]", "Be My Husband (Acoustic Live Solo)" y mucho ms. For me, this is a balance between creativity, merchandising and business, added Bellettini. Our Q3 performance in China was very strong, with excellent growth in-store and online. Francesca Bellettini - Simple English Wikipedia, the free encyclopedia Le grand appartement: Dirigido por Pascal Thomas. There, on the driveway at the edge of the sidewalk, the cobblestones under our feet rumble as we slowly start to descend: It turns out to be a platform elevator that takes us down, Bond-villain style, to a small parking lot. In 1999, he offered her a job as part of Pradas then-new business development division. offers FT membership to read for free. She was a villain, then an icon. Sometimes if you look at one part, you lose the full picture, she says. Bellettini decided that experience in finance would bolster her chances of pursuing her dream of running a company -- and so, she dove into a very new universe of Goldmach Sachs International. At a time when other Kering brands including Alexander McQueen and Gucci dabble in resale, Saint Laurent stays away from it; at a time when gaming takes fashion by storm, Saint Laurent doesnt jump on the bandwagon. Her poise, her elegance, her drive, all with an overwhelming optimism. Francesca Root-Dodson on Instagram: "Thrilled to be part of this In the summer of 2013, Slimane announced his bold decision to rename a fashion house that had been a fixture of the luxury scene for over half a century. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. I said, I met Mr. Bertelli and he offered me the job of my life, and I can leave banking, she recalled. During tumultuous economic periods, purse strings are naturally tightened and non-essential purchases are forgone, including luxuries. The looks Anthony does for the shows are incredibly complete jewellery, shoes, etc. In the past we would use it to do flooring of the warehouses. Even before Mr. Slimane decided not to renew his contract after slightly less than four years at the house, Ms. Bellettini had noticed an interesting trend in fashion magazines and shops like Colette in Paris and Bergdorfs in New York: Mr. Vaccarellos ready-to-wear was being matched up with Saint Laurents accessories. He gives you autonomy within a framework., Ms. Bellettini relied on her Italian identity to navigate the alien culture of Paris. At a time when fashion is all about body positivity, Saint Laurent put thin models on the catwalk of its recent show. Sales have just hit the 1.5 billion mark; her ultimate goal is to double it. Got some news on an exceptional woman? After graduating from high school, Bellettini had two plans. Bellettini shared a particular story about one of the biggest mistakes of her career which put her heart out for the audience; it was vulnerable and so very important. Mr. Vaccarello and Ms. Bellettini have since become soul mates. Facebook gives people. But when BoF founder and editor-in-chief Imran Amed asked Bellettini what she . Francesca Bellettini Net Worth (2023) | wallmine For more information read our Terms & Conditions and Privacy Policy. Around 60 per cent of Saint Laurent's clients were locals in 2020, according to Morgan Stanleys estimates. Bellettini started Bocconi University and completed her education with a year abroad at the University of Chicago where she was introduced to the world of investment banking. Well, it turned out they didnt know much. While she was working as an investment banker, the fashion industry was flourishing. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Michelle Yeoh: Finally we are being seen, Our ski trip made me question my life choices, Apocalypse then: lessons from history in tackling climate shocks. I didnt know Anthony personally, but I thought, He is the only one who can come here and do Saint Laurent, in the way Anthony sees women, she said. On March 10th, hundreds of excited audience members watched the zoom stage open to reveal a sneak peek of the Yves Saint Laurent headquarters in Paris; sitting in her chic pantsuit and shining a wide smile was Francesca Bellettini, CEO of YSL. I am very proud because our sales associates feel their efforts can make a difference. Specifically, by handing greater autonomy and authority to local market chiefs, the brand has been able to connect far better with audiences in each region. So maybe it makes sense that in this new mothership, the result of three years of work, he prefers a hidden space over all else. She worked at Prada and Helmut Lang prior to. Francesca Bellettini, the chief executive of Yves Saint Laurent, in Paris.CreditMarco Cella for The New York Times. Such was Slimanes influence that many industry analysts predicted his departure would lead to a reversal of Saint Laurents recent growth. Anyone can read what you share. Bellettinis leadership has fueled the Houses expansion and enabled Saint Laurents identity to emerge, pushing boundaries forward, yet remaining true to the Houses core values. Saint Laurent Paris is consistent throughout, from manufacturing to customer service, with every employee at every level aware of the brand identity and carrying on their jobs with a full understanding of the story they are telling.. PARIS, France Kering, parent company of Parisian fashion brand Yves Saint Laurent, has announced that Francesca Bellettini will take the reins as the brand's new chief executive, effective September 1st. Plan B was to study Mechanical Engineering at Bologna University and work for Ferrari; she had a bright laugh when describing how she aspired to be on the side-lines of the track changing the racing wheels of the cars. Cross selling requires more time. She established a company culture that fosters creativity, authenticity and agility, driving the consistent dynamism of the House and ensuring an outstanding and sustained growth trajectory, built on solid foundations. Frances advertising watchdog asked Saint Laurent to modify two ads. Do whatever you like. She took the job. It wasnt her first time in the line of fire, in any case. Valerio Mezzanotti for The New York Times. Kering's third-quarter earnings presentation mentions a continued appeal to younger generations. Bellettini says: The work that Anthony has been doing in terms of diversity of age, sex, gender, color, body type, as judged on a 360 basis, has been quite impressive, still being able to communicate the brand. The brands glamorous, sleek aesthetic puts the house in a better position than brands betting on short term fashion trends in a pandemic when consumers seek investment pieces, says Mario Ortelli, managing director of Ortelli & Co. In a world of luxury where theres a shift towards more street, more pop culture, more logos and a very instant reading of our time, Saint Laurent remains faithful to its aesthetic and consistent in its vocabulary, says Institut Franais de la Mode professor Benjamin Simmenauer. Board of Directors | Ferrari Corporate After Prada, she jumped to Helmut Lang, to Gucci and then to Bottega Veneta, where she was communication and merchandising director, living comfortably in Lugano, near Milan. Some people dont believe it, but Anthony was the only one I met for the job.. You will be notified in advance of any changes in rate or terms. 2016 Saint Laurent achieves 26 per cent year-on-year growth. We work a lot on conversion.. Its a cascade. This massage technique is attracting fans across Hollywood, including Ariana Grande, Kourtney Kardashian and Sean Diddy Combs. Francesca Bellettini Receives France's Legion of Honor - WWD The name Yves Saint Laurent is iconic within the fashion realm, and the client base is loyal, but having to stay relevant and to attract the next generation of customers is why the rebranding was so drastic and became so controversial. Plan A was to study Business Administration at Bocconi University and follow her dream of running a company. A University of East Anglia researcher, Helen Bear, is developing technology to enable computers to read lips. As a subscriber, you have 10 gift articles to give each month. The brands sales surged 45 per cent in the first three quarters of 2021, while parent groups Kering sales were up 36.6 per cent.