Luca Vianello, the managing director of finance and operations at Valentino, a renowned Italian luxury brand, is preparing to leave the company. After serving on Valentino’s senior executive team for an impressive 20 years, Vianello has decided it is time for a new professional challenge. The news of his departure, originally reported by Italian media, has been confirmed by Valentino. The company has also stated that changes to the management hierarchy will be announced in January.
Throughout his tenure at Valentino, Vianello has played a key role in the brand’s success. He joined Valentino when it was acquired by the Marzotto group and continued his pivotal position even after the Qatari investment fund Mayhoola acquired the brand in 2012.
Vianello has been the right-hand man to former CEO Stefano Sassi, who left the company in 2020. Together, they worked tirelessly to drive Valentino’s achievements. However, with the appointment of new CEO Jacopo Venturini, Vianello has decided it is time for a new chapter in his professional journey.
Valentino faced a challenging year in 2020 due to the impact of the global pandemic. The brand’s revenue dropped to €882 million, a significant decline compared to the €1.2 billion recorded in 2019. Despite these difficult circumstances, Valentino remains a prominent player in the luxury fashion industry, captivating audiences with its impeccable craftsmanship and timeless designs.
As Luca Vianello bids farewell to Valentino, the brand is preparing to announce its revised management hierarchy. This move positions Valentino for continued growth and success in the ever-evolving luxury market. Vianello’s departure marks the end of an era for the Italian fashion house but also signifies an exciting new chapter filled with potential and fresh perspectives.
Valentino’s ability to adapt and thrive in the face of challenges has been a testament to its resilience and unwavering commitment to excellence. As the fashion world eagerly awaits the announcement of Valentino’s new management structure in January, one thing is certain—the brand’s legacy of elegance and innovation will continue to shine brightly.
Here are two useful links about Valentino’s legacy and its impact on the luxury fashion industry:
– 6 Strategies Luxury Brands Can Learn From Valentino
– How Valentino Became a Luxury Force During the Pandemic
