Latest news with #NathalieRaynaud
Fashion Network
15-05-2025
- Business
- Fashion Network
Kering-owned Balenciaga promotes Nathalie Raynaud to deputy CEO during leadership shift
Balenciaga has reshuffled its executive ranks as it navigates a pivotal leadership transition. The Kering -owned fashion house has promoted Nathalie Raynaud, its former chief product officer, to deputy chief executive officer, a spokesperson confirmed. The move comes as the brand still awaits the appointment of its next creative director. A specialist in leather goods, Raynaud joined Balenciaga in 2021 as director of the Accessories Business Unit. In 2023, she was named chief product officer. She successfully led the accessories division during her tenure and played a key role in launching several signature bag models, including the Cagole, Rodeo, and Bel Air. In her new role, she will report directly to CEO Gianfranco Gianangeli, who took over earlier this year following Cédric Charbit 's move to helm Saint Laurent. Raynaud replaces Laura du Rusquec, who exited the company in 2023 to become CEO of Danish brand Ganni. 'In her new role, Nathalie Raynaud's mission will be to continue providing a strategic, creative, and product-focused vision aligned with the house's objectives to drive sales growth, build influence, and strengthen its market position,' Balenciaga stated in a press release. A graduate of the University of Assas and Edhec Business School, Raynaud brings broad expertise in luxury fashion and accessories. She previously held roles in merchandising, development, and retail at several prominent Parisian houses. Her experience includes work in the watch division at Christian Dior and eight years at Louis Vuitton, where she oversaw the women's leather goods category. She later joined Maje and Lanvin, leading the accessories division. The appointment comes at a pivotal moment for Balenciaga, as Demna—widely credited for the brand's modern identity—is reportedly preparing to join Gucci. Until a new creative director is announced, Raynaud's leadership will help steer the brand through its next chapter.
Fashion Network
14-05-2025
- Business
- Fashion Network
Kering-owned Balenciaga promotes Nathalie Raynaud to deputy CEO during leadership shift
Balenciaga has reshuffled its executive ranks as it navigates a pivotal leadership transition. The Kering -owned fashion house has promoted Nathalie Raynaud, its former chief product officer, to deputy chief executive officer, a spokesperson confirmed. The move comes as the brand still awaits the appointment of its next creative director. A specialist in leather goods, Raynaud joined Balenciaga in 2021 as director of the Accessories Business Unit. In 2023, she was named chief product officer. She successfully led the accessories division during her tenure and played a key role in launching several signature bag models, including the Cagole, Rodeo, and Bel Air. In her new role, she will report directly to CEO Gianfranco Gianangeli, who took over earlier this year following Cédric Charbit 's move to helm Saint Laurent. Raynaud replaces Laura du Rusquec, who exited the company in 2023 to become CEO of Danish brand Ganni. 'In her new role, Nathalie Raynaud's mission will be to continue providing a strategic, creative, and product-focused vision aligned with the house's objectives to drive sales growth, build influence, and strengthen its market position,' Balenciaga stated in a press release. A graduate of the University of Assas and Edhec Business School, Raynaud brings broad expertise in luxury fashion and accessories. She previously held roles in merchandising, development, and retail at several prominent Parisian houses. Her experience includes work in the watch division at Christian Dior and eight years at Louis Vuitton, where she oversaw the women's leather goods category. She later joined Maje and Lanvin, leading the accessories division. The appointment comes at a pivotal moment for Balenciaga, as Demna—widely credited for the brand's modern identity—is reportedly preparing to join Gucci. Until a new creative director is announced, Raynaud's leadership will help steer the brand through its next chapter.
Fashion Network
14-05-2025
- Business
- Fashion Network
Kering-owned Balenciaga promotes Nathalie Raynaud to deputy CEO during leadership shift
Balenciaga has reshuffled its executive ranks as it navigates a pivotal leadership transition. The Kering -owned fashion house has promoted Nathalie Raynaud, its former chief product officer, to deputy chief executive officer, a spokesperson confirmed. The move comes as the brand still awaits the appointment of its next creative director. A specialist in leather goods, Raynaud joined Balenciaga in 2021 as director of the Accessories Business Unit. In 2023, she was named chief product officer. She successfully led the accessories division during her tenure and played a key role in launching several signature bag models, including the Cagole, Rodeo, and Bel Air. In her new role, she will report directly to CEO Gianfranco Gianangeli, who took over earlier this year following Cédric Charbit 's move to helm Saint Laurent. Raynaud replaces Laura du Rusquec, who exited the company in 2023 to become CEO of Danish brand Ganni. 'In her new role, Nathalie Raynaud's mission will be to continue providing a strategic, creative, and product-focused vision aligned with the house's objectives to drive sales growth, build influence, and strengthen its market position,' Balenciaga stated in a press release. A graduate of the University of Assas and Edhec Business School, Raynaud brings broad expertise in luxury fashion and accessories. She previously held roles in merchandising, development, and retail at several prominent Parisian houses. Her experience includes work in the watch division at Christian Dior and eight years at Louis Vuitton, where she oversaw the women's leather goods category. She later joined Maje and Lanvin, leading the accessories division. The appointment comes at a pivotal moment for Balenciaga, as Demna—widely credited for the brand's modern identity—is reportedly preparing to join Gucci. Until a new creative director is announced, Raynaud's leadership will help steer the brand through its next chapter.
Fashion Network
14-05-2025
- Business
- Fashion Network
Kering-owned Balenciaga promotes Nathalie Raynaud to deputy CEO during leadership shift
Balenciaga has reshuffled its executive ranks as it navigates a pivotal leadership transition. The Kering -owned fashion house has promoted Nathalie Raynaud, its former chief product officer, to deputy chief executive officer, a spokesperson confirmed. The move comes as the brand still awaits the appointment of its next creative director. A specialist in leather goods, Raynaud joined Balenciaga in 2021 as director of the Accessories Business Unit. In 2023, she was named chief product officer. She successfully led the accessories division during her tenure and played a key role in launching several signature bag models, including the Cagole, Rodeo, and Bel Air. In her new role, she will report directly to CEO Gianfranco Gianangeli, who took over earlier this year following Cédric Charbit 's move to helm Saint Laurent. Raynaud replaces Laura du Rusquec, who exited the company in 2023 to become CEO of Danish brand Ganni. 'In her new role, Nathalie Raynaud's mission will be to continue providing a strategic, creative, and product-focused vision aligned with the house's objectives to drive sales growth, build influence, and strengthen its market position,' Balenciaga stated in a press release. A graduate of the University of Assas and Edhec Business School, Raynaud brings broad expertise in luxury fashion and accessories. She previously held roles in merchandising, development, and retail at several prominent Parisian houses. Her experience includes work in the watch division at Christian Dior and eight years at Louis Vuitton, where she oversaw the women's leather goods category. She later joined Maje and Lanvin, leading the accessories division. The appointment comes at a pivotal moment for Balenciaga, as Demna—widely credited for the brand's modern identity—is reportedly preparing to join Gucci. Until a new creative director is announced, Raynaud's leadership will help steer the brand through its next chapter.
Business of Fashion
13-05-2025
- Business
- Business of Fashion
Balenciaga Names Nathalie Raynaud Deputy CEO
Balenciaga has named Nathalie Raynaud its new deputy CEO, the brand announced Tuesday. Raynaud joined the Kering brand four years ago, leading its leather goods unit before being named chief product officer in 2023. The executive helped to increase Balenciaga's leather goods sales, reducing the brand's dependence on streetwear and sneakers. Successful bag introductions included the Cagole, Rodeo and Bel Air as well as the relaunched City motorcycle bag. She will report to Gianfranco Gianangeli, who succeeded Cedric Charbit as the brand's chief executive in January. Balenciaga's former deputy CEO, Laura du Rusquec, left the brand last year to take the top job at Ganni. Raynaud's promotion comes as Balenciaga seeks to stabilise its business, with its star designer set to exit the label in a tough market for luxury goods. Demna, Balenciaga's creative director since 2015, will officially take the reins at Kering stablemate Gucci following a final couture show in July. Balenciaga sales remain under pressure but the label has been more resilient than many luxury fashion brands in recent quarters. First-quarter retail sales fell 9 percent in the Kering 'Other Houses' unit that includes Balenciaga, Brioni, Boucheron, McQueen and Pomellato. The performance of Balenciaga's leather goods 'was very solid against an ongoing drop in store traffic,' the group said.
