In a significant move in the world of luxury fashion, Richemont, the prestigious luxury group, has appointed Laurent Malecaze as the new President & CEO of its Paris-based fashion house, Chloé. This decision marks a new chapter for Chloé, known for its influential role in Paris fashion.
Transition of Leadership
Laurent Malecaze steps into the role, succeeding Riccardo Bellini. Bellini's tenure saw notable developments, including the appointment of Chemena Kamali as the new Creative Director. This transition is poised to bring fresh perspectives to Chloé, a brand revered for its legacy and innovation in the luxury sector.
Laurent Malecaze's Impressive Track Record
Malecaze joins Chloé from Dunhill, another Richemont-controlled fashion house. His leadership at Dunhill was marked by a successful turnaround, showcasing his capability to rejuvenate and propel luxury brands forward. Prior to Dunhill, Malecaze led AZ Factory and was the CEO of The Webster, a luxury multi-brand retailer in New York. His extensive experience in the luxury fashion industry positions him uniquely to lead Chloé into its next phase of growth.
Vision for Chloé's Future
In his statement, Malecaze expressed his honor and excitement at leading such an iconic French luxury Maison. His partnership with Chemena Kamali is anticipated to herald a period of creative and commercial growth. Philippe Fortunato, CEO of Richemont’s Fashion and Accessories Maisons, underlined Malecaze's proven ability to energize organizations and his synergy with creative talents, essential for Chloé's future trajectory.
Chloé's Legacy and Future Prospects
Founded in 1952, Chloé has been a significant player in Paris fashion. The brand has been home to famous designers like Karl Lagerfeld, Phoebe Philo, and Stella McCartney. While Gabriela Hearst's collections brought critical acclaim, Chloé is now looking forward to a new era of creative and commercial success under Malecaze and Kamali's leadership.
Richemont's Strategic Moves
Richemont, the world’s third-largest prestige products conglomerate, is known for its portfolio of luxury brands, including Cartier and Van Cleef & Arpels. The appointment of Malecaze at Chloé aligns with its strategy to strengthen leadership across its brands, ensuring sustained growth and innovation.
Conclusion
The appointment of Laurent Malecaze as the President & CEO of Chloé heralds a new era for the brand. His rich experience and dynamic vision, coupled with Chloé's rich heritage and creative prowess, set the stage for an exciting future. As Chloé embraces this change, the fashion world eagerly anticipates the next chapter in its storied legacy.
