Valentino: CEO Jacopo Venturini to reportedly step down
Valentino's revenue was relatively stable compared to the previous year, totalling 1.31 billion euros in 2024, down 2 percent at constant exchange rates and 3 percent at current exchange rates, year-over-year. In 2023, the company closed at 1.35 billion euros.
'We made significant progress in 2024, continuing to cultivate our maison's promise to enchant, surprise and inspire our customers in equal measure and in line with the brand's values since its foundation, from unparalleled attention to detail to dedication to excellence. Our work took a decisive step forward with the arrival of Alessandro Michele as the new creative director,' underlined Venturini in a statement last April. This article was translated to English using an AI tool.
FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@fashionunited.com
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