Cédric Charbit has been announced as the new Chief Executive Officer (CEO) of renowned luxury fashion house, Balenciaga. The brand falls under the umbrella of the Kering group, and Charbit will work closely with François-Henri Pinault, the CEO of Kering. Charbit will officially assume his new position on November 28, 2016, taking over from Isabelle Guichot, who had been leading Balenciaga since May 2007. Guichot will remain with the Kering group, although her exact role is yet to be announced.
Charbit brings a wealth of experience to his new role, having spent 16 years in the luxury industry. Most recently, he served as the Executive Vice President in charge of Products and Communications at Yves Saint Laurent. Charbit began his career as a luxury buyer at Printemps in 2001, eventually being promoted to the role of Deputy Director of Purchasing. In 2009, he moved to Italy to work as the Deputy General Manager at Pucci, before returning to France in 2012 as the Director of Product Strategy at Yves Saint Laurent. He was later appointed as Director of Merchandising, and in May 2016, he became the Executive Vice President of YSL.
In his new position as CEO of Balenciaga, Charbit will be responsible for driving the brand’s development and accelerating its international expansion. This appointment holds significant importance, as Balenciaga is one of François-Henri Pinault’s favored brands within the Kering group. Pinault recently showcased the luxury Spanish brand during the European Heritage Days.
With Charbit’s extensive experience in the luxury industry and his proven leadership abilities, Balenciaga is well-positioned for ongoing success under his guidance. As CEO, Charbit will play a crucial role in shaping the future of this historic fashion house.
Useful links:
1. Balenciaga Official Website
2. Kering Brands
