In a second, I said, Yes! Then I said, You know I dont speak French, right? and he said, I know that. Alex Murdaugh Receives Life Sentence: What Happens Now? Kering's third-quarter earnings presentation mentions a continued appeal to younger generations. Do whatever you like. She took the job. Although Bellettini shared that she did not always know she wanted to work in the fashion industry, she was certain her dream was to run a company. Kerings largest brand missed analyst estimates, citing the gradual arrival of the new Aria collection and the decline of traffic in the stores in Asia-Pacific due to Covid restrictions this summer. Well, it turned out they didnt know much. (Bellettini, as she speaks, is dressed in a head-to-toe Saint Laurent: a floral blouse and mustard slacks.) Working with her is enriching, Mr. Vaccarello said. But when BoF founder and editor-in-chief Imran Amed asked Bellettini what she . One featured a model in a fur jacket and fishnet tights reclining with her legs spread wide open; the other, a model in a leotard and roller-skate stilettos bending over a stool. Indeed, this focus on gender parity has been a key element of the brand since the very start, with Saint Laurent himself believing men and women should wear the same clothes. He gives you autonomy within a framework., Ms. Bellettini relied on her Italian identity to navigate the alien culture of Paris. Speaking of Gen Z, she says the key is to be authentic. 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During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 2023 Fortune Media IP Limited. (For example, we would never do gaming simply because its something Generation Z is into. PARIS Francesca Bellettini is riding high.. Belletini also serves on the executive committee of France's Fdration de la Haute Couture et de la Mode and in July 2019 was elected president of theChambre Syndicale de la Mode Fminine, the country's governing body for womenswear. Saint Laurent opened its first flagship in China in 2019 and the network is being expanded in the country. She is resolved to stay true to the brands DNA while pushing to capture new customers and enter new markets. Flexibility has been another. 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The oldest executive at Kering SA is Baudouin Prot, 69, who is the Director. California Weighs $360,000 in Reparations to Eligible Black Residents. We knew that this was a super-healthy girl who had been working with us forever and we didnt see anything bad, Ms. Bellettini said. The luxury house is known for its formalwear and sharp tailoring. Even though some opportunities can appear to be boring or insignificant on the surface level, there is always some sort of adventure to be found in the work. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. After graduating from high school, Bellettini had two plans. Its a cascade. We understand what each other wants, she said. of Saint Laurent, she was the first name on my list, Mr. Pinault said. My Lover, My Son: Dirigido por John Newland. She wished for the brand to reach 1 billion dollars in sales -- and well, Bellettini crossed that goal by reaching 2 billion dollars in sales in 2017. Bellettini recommended her viewers to always be observant of a companys culture before applying for a job. Nowadays, I see that the consumer approaches Saint Laurent from every product category depending on what they want, said Bellettini to BoF. With the house on track to end 2021 with sales over 2 billion, CEO Francesca Bellettini believes the brand can rise even further. First its for the people of the industry and then its for the people that look at the industry. Its one thing to have a strong brand and brand messaging, but that is lost within itself if it isnt carried throughout every level of the business, McInnes explained. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Michelle Yeoh: Finally we are being seen, Our ski trip made me question my life choices, Apocalypse then: lessons from history in tackling climate shocks. Consumers realised it and since the offer was already well-developed, they could find it in stores.. From left, Ms. Bellettini; Anthony Vaccarello, creative director for Saint Laurent, and Franois-Henri Pinault, chairman and chief executive of Kering. could be sentient says Microsofts chatbot feels like watching the Shark Tank investor Kevin OLeary says a new generation of employee has never worked in an officeand its totally I cant afford to sell because I dont want to lose that rate: 3% mortgage rates will loom large over the U.S. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. As her son is somehow part of her dead lover, she falls in love with him and tries to seduce him, but he has a girlfriend named Julie. In fact, the Parisian fashion house is doing so well it has become the fastest growing major brand in the competitive luxury fashion space. However, under Francesca Bellettini's guidance, the rebadged Saint Laurent has been remarkably successful. Check if your Over the last few years, this has hit high-end brands hard. Slimane leaves Saint Laurent, and Anthony Vaccarello is named. Francesca Bellettini: The Powerhouse Behind the Billion-Dollar Brand. She is determined never to panic or bow to public pressure out of fear. Our Q3 performance in China was very strong, with excellent growth in-store and online. If I can be honest, I dont think that today that campaign would even be shot.. We communicate in a context thats not related to marketing, such as conferences and internal communication. She says that being a Kering brand is a benefit in terms of sustainability compliances. In 2008, she joined Bottega Veneta and became Worldwide Merchandising and Communications Director in 2010. Email us at feedback@voguebusiness.com. Reach out to me, at: laura.cohn@gmail.com or @laurascohn. Francesca Bellettini joined Kering in 2013. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. I could spend all day in here, Vaccarello says. OXFORDSHIRE, United Kingdom These days, Saint Laurent chief executive Francesca Bellettini spends more time fielding questions about her former colleague, current Celine creative director Hedi Slimane, than she would perhaps like. Thats critical: Saint Laurent doesnt give into trends, not even to court the sought-after Gen Z customer. What did they know? Certainly, Bellettini deserves to be recognised as one of the most influential leaders in fashion today. For more information read our Terms & Conditions and Privacy Policy. 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One Year with Print $8.95 Per month Billed annually at $107.40 Cancel anytime Indeed, the CEO of French fashion house Yves Saint Laurent, Francesca Bellettini, came to realize the storied firm. Comments, questions or feedback? Standard Digital includes access to a wealth of global news, analysis and expert opinion. That means you risk having more leftovers. Bellettini started Bocconi University and completed her education with a year abroad at the University of Chicago where she was introduced to the world of investment banking. Silicon Valley always seems to be abuzz about the limited number of womenin the tech industry. Francesca Bellettini is an Italian businessperson who has been the head of 8 different companies and currently is Chairman at Yves Saint Laurent of Monaco, Chairman of Yves Saint Laurent Parfums SAS, Chairman & President of Yves Saint Laurent SAS, Chairman at Yves Saint Laurent Logistica SRL, Chairman for SL Luxury Retail SRL, Chairman at Yves Saint Laurent Spain SA, Chairman of Yves Saint . Sales have just hit the 1.5 billion mark; her ultimate goal is to double it. Leather in particular is a material the brand is paying attention to, in terms of avoiding waste. Saint Laurent is the second largest Kering house (representing 13 per cent of the group sales) behind Gucci. Francesca Bellettini was appointed president andchief executiveof Saint Laurent in July 2013. Browse 110 francesca bellettini stock photos and images available, or start a new search to explore more stock photos and images. Leather goods represents the lions share of Saint Laurents sales (71 per cent of the business in 2020), which puts it in the league of brands with the highest percentage. A great sales force can make a difference, in terms of proposing a silhouette. We see with the store reopening worldwide, we have a lot of younger customers coming, people in their 20s, buying gifts, etc., she says. Although she may not be a fluent French speaker yet, she was awarded the French Knight of the Legion of Honour, the highest possible distinction for a civilian in the country, serves on the executive committee of France's Fdration de la Haute Couture et de la Mode, and in 2019 was elected president of the Chambre Syndicale de la Mode Fminine, the country's governing body for womenswear.