Latest news with #Vian
Fashion Network
26-05-2025
- Business
- Fashion Network
Gucci confirms departure of industrial director Massimo Vian
As part of its ongoing management restructuring, Italian fashion house Gucci is set to lose Massimo Vian, its industrial and supply chain director. The Kering -owned brand appointed Vian to the newly created position at the start of 2023. According to information obtained by he is stepping down for personal reasons. The 52-year-old Italian executive oversaw product development and production for Gucci's leather goods, footwear, ready-to-wear, and jewelry divisions. His role also included managing product distribution across the brand's global retail networks—a critical position in the tightly controlled production landscape of luxury fashion. Known for his extensive experience in operations within the luxury sector, Vian may soon move to another company. He previously spent 13 years at Italian eyewear giant Luxottica, joining in 2005 as director of industrial engineering and rising to deputy general manager for product and operations by 2014. He left the company in 2017. For a year, Vian then led Italian cashmere brand Falconeri—part of the Oniverse group (formerly Calzedonia)—before joining Prada in 2020 as chief operating officer. Recently, Vian came under scrutiny from Consob, the Italian financial markets regulator, in an insider trading investigation tied to events in 2020. He denies the allegations and has announced plans to contest the case in court. His departure comes at a pivotal time for Gucci, as the brand prepares to enter a new chapter under the anticipated creative direction of Demna. Amid a broader reshuffle, Gucci is attempting to reverse its recent financial struggles, including a 24% year-on-year sales decline in the first quarter. This leadership change could signal deeper operational reforms. Just last week, the brand announced two additional executive appointments: Maria Cristina Lomanto was named president of the EMEA region, while Marcello Costa took over as director of merchandising.
Fashion Network
26-05-2025
- Business
- Fashion Network
Gucci confirms departure of industrial director Massimo Vian
As part of its ongoing management restructuring, Italian fashion house Gucci is set to lose Massimo Vian, its industrial and supply chain director. The Kering -owned brand appointed Vian to the newly created position at the start of 2023. According to information obtained by he is stepping down for personal reasons. The 52-year-old Italian executive oversaw product development and production for Gucci's leather goods, footwear, ready-to-wear, and jewelry divisions. His role also included managing product distribution across the brand's global retail networks—a critical position in the tightly controlled production landscape of luxury fashion. Known for his extensive experience in operations within the luxury sector, Vian may soon move to another company. He previously spent 13 years at Italian eyewear giant Luxottica, joining in 2005 as director of industrial engineering and rising to deputy general manager for product and operations by 2014. He left the company in 2017. For a year, Vian then led Italian cashmere brand Falconeri—part of the Oniverse group (formerly Calzedonia)—before joining Prada in 2020 as chief operating officer. Recently, Vian came under scrutiny from Consob, the Italian financial markets regulator, in an insider trading investigation tied to events in 2020. He denies the allegations and has announced plans to contest the case in court. His departure comes at a pivotal time for Gucci, as the brand prepares to enter a new chapter under the anticipated creative direction of Demna. Amid a broader reshuffle, Gucci is attempting to reverse its recent financial struggles, including a 24% year-on-year sales decline in the first quarter. This leadership change could signal deeper operational reforms. Just last week, the brand announced two additional executive appointments: Maria Cristina Lomanto was named president of the EMEA region, while Marcello Costa took over as director of merchandising.
Yahoo
22-05-2025
- Business
- Yahoo
Gucci's Chief Industrial, Supply Chain Officer Massimo Vian Has Exited Brand
MILAN — Gucci's chief industrial and supply chain officer Massimo Vian has exited the company. According to sources, he left Gucci for personal reasons and in agreement with the brand. More from WWD Elle Fanning Shimmers in Floral Armani Privé Dress and Gives a Sartorial Nod to 'Brat Summer' at the 2025 Cannes Film Festival Scarlett Johansson Pops in Hot White Prada Pumps at 2025 Cannes Film Festival Emily Ratajkowski Shows Off Two Ways of Styling Gucci Platform Mules While Filming Campaign in Cannes The departure is seen as being in sync with Gucci's chief executive officer Stefano Cantino's reorganization. WWD has learned that following Vian's departure, the industrial operations units that previously reported to him — leather goods, footwear, ready-to-wear, and jewelry — will report directly to Cantino. 'This development is understood to align with Gucci's ambition to sharpen its focus on the growth of its core business categories,' said one market source. 'Streamlining reporting lines is intended to enhance coordination across product categories and accelerate decision-making, enabling a more integrated approach to product strategy and strengthening the link between planning and execution.' Additional changes are in the pipeline, sources say, adding that Cantino's role supervising the industrial operations is believed to be ad interim. As reported, Vian was named to his role at Gucci in January 2024. This was a new position, signaling the increasing attention Italian luxury goods companies are paying to control the organization and structure of the key manufacturing pipeline. Before Gucci, he was chief operating officer at Prada, which he joined in 2020 after a brief stint as CEO at cashmere brand Falconeri. Previously, he was CEO for product and operations at Luxottica Group. He left the Italian giant eyewear manufacturer in 2017 after 13 years. He had initially joined Luxottica as head of industrial engineering. Separately, Vian has most recently made some online news for a fine he has received from the Bourse watchdog Consob for a private investment he made in 2020 that sources believe refer to insider trading, although he is said to be taking legal action to ascertain that he is extraneous to the facts. Since his appointment as CEO in October last year, Cantino has been restructuring his team, navigating the uncertain global scenario, tapping Demna as successor to Sabato De Sarno and aiming to reverse declining revenues at Gucci, which fell 25 percent in the first quarter of 2025, dragged down by low traffic and anemic demand for carryover styles. This week, as reported, he named Maria Cristina Lomanto, currently executive vice president, brand general manager, to the post of president of Europe, the Middle East and Africa, effective June 1. She will report to chief commercial officer Cayetano Fabry and succeed Matteo Mascazzini. Marcello Costa was also promoted to chief merchandising officer. Among other key changes under Cantino's watch have included the arrival of Valérie Leberichel from Givenchy as senior vice president of global communications at Gucci; Francesco Falai, named chief people officer; Marcello Mastrogiacomo from Armani Beauty Global as VP of digital marketing and media, a new role, and Christophe Marque, who joined last month from DFS Group, a subsidiary of LVMH Möet Hennessy Louis Vuitton, as president and CEO of Gucci Americas. Best of WWD EXCLUSIVE: Maje Names Charlotte Tasset Ferrec CEO Nadja Swarovski Exits Family Company Amid Ongoing Corporate Shakeup Aeffe MD Exits Fashion Group
Euronews
28-04-2025
- Business
- Euronews
Brazil official optimistic for EU-Mercosur deal amid US tariff war
ADVERTISEMENT Brazil is optimistic that the EU-Mercosur trade deal can be ratified despite some opposition, and believes the current US tariff situation will impel this, a leading Brazilian trade envoy has told Euronews. 'We are very optimistic especially now that US has raised tariffs across the world,' Jorge Vian, head of ApexBrasil, Brazil's Trade and Investment Promotion Agency, told Euronews, adding: 'With the hostile environment that the world is facing right now we may collaborate to improve the implementation of the agreement.' In December, the European Commission concluded a political agreement with the Mercosur countries - Argentina, Brazil, Paraguay and Uruguay - to establish one of the world's biggest free trade zones, encompassing 750 million people and about one-fifth of the global economy. The agreement now needs approval from EU countries before it enters into force. Some member states led by France have resisted the deal, however, citing concerns over unfair competition that could result from Mercosur exports of agriproducts and environmental standards in Mercosur countries. "What we have now is an objective situation: the Trump administration is damaging free trade and multilateralism; there's a need to adjust for everybody," said Jorge Vian, adding: "Europe exports more than 600 billion dollars' [worth of goods] to the US. If these exports suffer tariffs of around 20%, it will affect the life of agricultural producers, industrial producers and manufacturing sectors in Europe.' Of French calls for so-called 'mirror clauses' to be inserted into the agreement - designed to ensure that agricultural imports from Mercosur meet the same production standards applicable to EU farmers - he said that production conditions are too different to be mirrored. 'In Brazil, you have a tropical-based production while in Europe it is a temperate-based production. These climatic structures are very different,' Vian said. He said that although food production remained a sensitive issue, 'it can be solved with dialogue and cooperation'. Brazil hopes to export not only critical raw materials, but also renewable energy to Europe. In the industrial sector, Embraer, Brazil's aerospace giant, which already has a plant in Portugal, promised 'billions of dollars of investment in Europe to produce components of aeroplanes,' the official added. In the EU, advocates of the Mercosur agreement claim that the deal is necessary to counter Chinese influence in the region. 'Obviously , the Chinese influence on all the continent is a reality,' Vian said, but he added: 'Europe is a priority for us. China is Brazil's biggest trade partner not in term of quality but in term of quantity.
