Valentino Reports Decline in 2023 Revenues, Profitability

MILAN – As it prepares for a new phase in its history, Valentino reported a slowdown in its performance last year. Citing a “challenging global context for the luxury industry,” the Rome-based couture house on Tuesday morning reported a 5 percent decrease in 2023 revenues to 1.35 billion euros, including impacts from changes in exchange … Read more

Valentino Opens Sloane Street Flagship in London

LONDON — It’s the season of change at Valentino. The Italian luxury brand has opened the doors to its new London flagship on Sloane Street, which has four floors in a minimalist design using the signature Valentino red color and shades of ivory and black throughout. The store offers dedicated areas for accessories, ready-to-wear and … Read more

Alessandro Michele at Valentino, Potential Development, New Horizons

MILAN — One would expect nothing but poetry from Alessandro Michele on his new role as creative director at Valentino. Addressing his new appointment, the designer celebrated “the beginning of spring, the life that is regenerating and the promise on new blossoms” as he expressed his “joy, to pay tribute to it: the smiles kicking … Read more

Valentino Confirms Alessandro Michele Joining as Creative Director

MILAN – Valentino has confirmed the arrival of Alessandro Michele as creative director of the Rome-based couture house. He succeeds Pierpaolo Piccioli, who exited the brand on Friday after 25 years. Michele left his role as creative director of Gucci in November 2022. On Friday, WWD was the first to report that Piccioli was exiting … Read more

Pierpaolo Piccioli’s Legacy of All Ages Red Carpets at Valentino

The news broken by WWD Friday that Pierpaolo Piccioli would be leaving Valentino just days after Dries Van Noten revealed his retirement was a one-two punch for fashion. While they are leaving under different circumstances, the developments certainly feel like a changing of the guard — and of priorities — in luxury. What was Piccioli’s … Read more

Valentino Skipping Menswear, Couture Show

MILAN — Valentino on Monday gave an indication of the brand’s succession timing. Following the exit on Friday of Pierpaolo Piccioli as the brand’s creative director, the Rome-based house said it will not present its menswear and haute couture fashion shows in June. Both collections have generally and historically been shown in Paris, with the … Read more

Valentino, Pierpaolo Piccioli Said to Be Parting Ways

MILAN — Valentino and Pierpaolo Piccioli are parting ways, according to market sources. Responding to WWD, Valentino issued the following: “I am grateful to Pierpaolo for his role as creative director and for his vision, commitment and creativity that have brought the Maison Valentino to what it stands for today,” said chief executive officer Jacopo … Read more

Kaia Gerber, Jolin Tsai, Son Ye-jin Front Valentino Spring 2024 Ads

ALL TOGETHER NOW: Kaia Gerber, Son Ye-jin and Jolin Tsai front the new Valentino L’École spring 2024 advertising campaign, photographed by Mert Alas and Marcus Piggott in New York. Posing leaning near the expansive windows at 7 World Trade Center, the view of Manhattan below, the campaign reflects creative director Pierpaolo Piccioli’s commitment to inclusivity, … Read more