Kering Confirms Francesca Bellettini as Gucci CEO

Francesca Bellettini is officially Gucci’s new president and chief executive officer, tasked with turning around the troubled Italian fashion house amid a morose climate for luxury players. The announcement from Kering after the close of trading on the Paris bourse Wednesday confirms a WWD report Sunday that Bellettini, one of the French luxury group’s most visible and accomplished executives, would be entrusted with fixing its biggest and most crucial brand. More from WWD It’s the first major move by Ke ...