In an exclusive interview with, Ganni, Patagonia and Reformation join pilot to decarbonise fashion, US retailers prepare for new normal in 2023 after rocky year, Chanel names Whitney Peak as new face of Coco Mademoiselle, Victoria Beckham and Francesca Bellettini talk creativity and sustainability in Paris, The Long View by Vogue Business: Bracing for a summer without Americans, Enter your email to receive editorial updates, special offers and breaking news alerts from, Gucci stumbles as Asia-Pacific growth slows. Victoria Beckham and Francesca Bellettini talk creativity and Anthony Vaccarello has nearly finished giving a tour of the just-opened 140,000-square-foot headquarters of fashion house Yves Saint Laurent in a tony corner of Pariss seventh arrondissement when, heading toward the exit, he says hes saved his favorite part for last. FRANCESCA BELLETTINI. Compare Standard and Premium Digital here. Mr. Vaccarello and Ms. Bellettini have since become soul mates. Londons Investment Appeal Is Unraveling as Arm Heads to the US, UN report: Modern weapons being smuggled to Haiti from US, British Parents Turn to Home Equity to Help Young Buy Property, Sorry, Fed, Most US Mortgage Rates Were Locked in During Pandemic Lows, Fed Says MoreRate Hikes Are Needed to Curb Inflation. The Saint Laurent head office is based on Rue de Bellechasse in Paris. This required their team members to take on unique responsibilities, for instance, those who work at the stores as sales assistants were trained to become sales assistants over the phone. But I dont have to do something to please someone or some client.. 787 Francesca Le Photos and Premium High Res Pictures - Getty Images All Entertainment News Archival Browse 787 francesca le stock photos and images available, or start a new search to explore more stock photos and images. From 1999 until 2002, Ms. Bellettini worked in the Prada Group, Italy, first in the Planning and New Business Development Division of Prada and, in 2002, as Operations Manager of Helmut Lang. Ms. Bellettini, an executive director at Bottega Veneta, will succeed Paul Deneve, who is leaving to join Apple Inc. after just two years at the fashion label. Nowadays, I see that the consumer approaches Saint Laurent from every product category depending on what they want, said Bellettini to BoF. But is it bad? Sign up to our newsletter for a truly global perspective on the fashion industry. Search instead in Creative? Markdowns are now limited to controlled environments meaning few private sales dedicated to selected clients and outlets, which she calls a legitimate channel with very small overlap of clientele with stores. This, Bellettini maintains, also translates to improved business from travellers a key strategy given the huge potential of travel retail. While attending a recent industry function, she said a man told her she was a"disgrace" and that her campaign"would bring down the entire City [London's financial district]." Browse 110 francesca bellettini stock photos and images available, or start a new search to explore more stock photos and images. By Roza Kovak. Having crossed the $1 billion in sales threshold in 2017, the brand isa star performer in parent companyKerings luxury portfolio. Non-Executive Director at Ferrari - View - Ferrari org chart. 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. How Saint Laurent Became a $3 Billion Powerhouse. Saint Laurent wanted to be a billion-dollar company. 518 Likes, 6 Comments - Francesca Root-Dodson (@francescajoroot) on Instagram: "Thrilled to be part of this beautiful production of "The Sign in Sidney Brustein's Window" with my" The name Yves Saint Laurent is iconic within the fashion realm, and the client base is loyal, but having to stay relevant and to attract the next generation of customers is why the rebranding was so drastic and became so controversial. All rights reserved. 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. Bellettini was non-hesitant to her reply: That is easy, my team. You could feel the powerful connection Bellettini shares with her team; We work a lot and we also have a lot of fun, she said noting how important this is when working endless hours together. To receive the Vogue Business newsletter, sign up here. Subhadra Dravida founded Transcell Biologics, a stem cell technology company, in 2009. PARIS Francesca Bellettini is riding high.. Terms & Conditions. This generation doesnt appreciate being considered a target. What was truly striking, however, was when Bellettini explained her out-look on life: if Plan A fails, Plan B will never be a watered-down version; instead, both paths will take her down something remarkable and exciting. Bellettini decided that experience in finance would bolster her chances of pursuing her dream of running a company -- and so, she dove into a very new universe of Goldmach Sachs International. Bellettini has increased control over distribution, rationalised the number of wholesale doors and put in place a controlled and even more selective product distribution by signing contracts of selected distribution in Europe, converting in concessions some doors with wholesale partners. Not everybody understood, because we are not very talkative; the more you explain, the less sexy a concept becomes. The change to Saint Laurent also reflected a decisive shift towards modernity, helping the brand reach young people who do not share the same connection to the original name as older generations. By Laure Guilbault November 15, 2021 Courtesy of Saint Laurent All rights reserved. Francesca Bellettini, Yves St Laurent SA: Profile and Biography Miller, who was born in Guyana, says,"I believe that level of abuse means I am doing something right for investors.". Do whatever you like. She took the job. Bellettini joined YSL during a crucial time in its development. FOR those predicting another seismic shift in brand identity at Saint Laurent - following the departure of Hedi Slimane last month and the appointment of Anthony Vaccarello - you will be in for a surprise. She is determined never to panic or bow to public pressure out of fear. Saint Laurent CEO Francesca Bellettini's big ambitions Escucha 'Nice to Meet You (Acoustic Live Solo)' de Francesca Michielin en Apple Music. Francesca Bellettini: The Powerhouse Behind the Billion-Dollar Brand. At the forefront of this strategy is balance. Ready-to-wear, however, is growing faster at the moment, Bellettini notes, but she adds that the breakdown per category is not meaningful. Ms. Bellettini, 47, not only has propelled the brand into the exclusive billion-euro club a status unofficially codified last season when the Saint Laurent show was moved to the shadow of the Eiffel Tower but in doing so has also made herself one of the most powerful women in fashion, where there are only a handful of female chief executives. 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. She has been the chief executive officer of Yves Saint Laurent since 2013. When the number of Chinese tourists coming to Paris plummeted in the aftermath of terrorist attacks in January and November of 2015, Saint Laurent refocused its Paris stores on attracting France-based clients and ramped up the business in China. Eileen Fisher is trying to raise the bar for sustainable fashion. The enshittification of apps is real. During tumultuous economic periods, purse strings are naturally tightened and non-essential purchases are forgone, including luxuries. Francesca Bellettini Receives France's Legion of Honor - WWD Nevertheless, Bellettinis success was not easy to achieve. Sometimes if you look at one part, you lose the full picture, she says. It was her fathers kind wisdom to follow her dreams at the young age of 29 that drove her to push away her fears and pursue a more uncertain path. Luckily, everyone in Bellettinis team did speak English with her. Nonetheless, the brand attracts luxurys coveted younger consumers. Bellettini also shared how she still does not speak French. It became modern and sleek, with an homage to the brands history, while elevating it from the image Yves Saint Laurent called to mind at the time it made everyone have an opinion. 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. One question asked Bellettini what she most enjoyed about her job. Francesca Bellettini, Luxury Fashion Leader - Bloomberg In 1977, following the meeting with her husband Bertelli who is still her right-hand today, Miuccia quickly revolutionized the concept of Haute Couture, introducing the concept of sportiness in a world that previously looked at it as a parallel universe. How Yves Saint Laurent's CEO Worked to Improve Corporate Culture Good morning, WMPW readers! At a time when fashion is all about body positivity, Saint Laurent put thin models on the catwalk of its recent show. From left, Ms. Bellettini; Anthony Vaccarello, creative director for Saint Laurent, and Franois-Henri Pinault, chairman and chief executive of Kering. She took it to that level within a three-year period.. The companys enviable performance can, in large extent, be attributed to a drastic and unexpected rebranding. Francesca Bellettini, the chief executive of Yves Saint Laurent, in Paris.CreditMarco Cella for The New York Times. In 1999, she joined the Business Planning and Development division of the Prada group, and later became Operations Manager for Helmut Lang. Slimane leaves Saint Laurent, and Anthony Vaccarello is named. Not everybody understood, because we are not very talkative; the more you explain, the less sexy a concept becomes. The change to Saint Laurent also reflected a decisive shift towards modernity, helping the brand reach young people who do not share the same connection to the original name as older generations. Biography of Francesca Bellettini - The Official Board Con Romy Schneider, Donald Houston, Dennis Waterman, Patricia Brake. Under CEO Francesca Bellettini and designer Anthony Vaccarello, Saint Laurent has more than doubled sales in 5 years and is on track to surpass $3 billion in 2022. The chef worked in kitchens for over 20 years before buying The French Laundryand has a secret hack for ordering In-N-Out fries. Francesca Bellettini - Simple English Wikipedia, the free encyclopedia For cost savings, you can change your plan at any time online in the Settings & Account section. As a luxury brand, you secure the best part of the leather. A seasonless strategy favouring evolution over revolution has hammered home the brand's message to consumers. Francesca Bellettini began her career in London as an investment banker, working at Goldman Sachs International, Deutsche Morgan Grenfell and Compass Partners International. 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 never frightens you, she said. You will be notified in advance of any changes in rate or terms. Part of establishing Saint Laurents new image has been a focus on permanent collections. Impressively, the executive has maintained the house's upward trajectorydespitethe departure of its star creative director Similarly, all e-tailers moved from a wholesale model to e-concessions (except for the websites of some US department stores, where Saint Laurent is still sold wholesale). The scientific advance could aid people with recent hearing loss. You have to know where you want to go, she said. She worked at Prada and Helmut Lang prior to. Now Dravida, also the firm's chief executive, is conducting research trials to treat a number of debilitatingconditions, including rheumatoid arthritis, muscular dystrophy, and stroke. Their go-to expert? This is to ensure the offer is reflecting the current vision of the brand. For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. This has raised the bar for each and every one of us. Francesca Bellettini, chief exec of fast-growing Yves Saint Laurent, Gina Miller, co-founder of investment boutique SCM Private, has campaigned against sneaky chargesin the asset management market. Francesca was Worldwide Merchandising and Communications director at Bottega Veneta, and Strategic Planning & Associate Worldwide Merchandising Director at Gucci. The biggest move to bring clarity back was changing the brand name. Ending with a hopefulness to participate the next time Brown University Fashion Week takes place in person, Bellettini left us in awe. Bellettinis first major decision as CEO was to give Slimane more autonomy in deciding the labels creative direction a move that would firmly establish Saint Laurent as a refreshed brand, while also marking Bellettinis preference for allowing people the freedom to do what they do best. The company has a remarkably even worldwide geographical coverage in terms of stores and customers. She studied economics and business administration at Bocconi University in Milan, spending five months at the University of Chicago as an exchange student in her senior year, which forced her to quickly improve the limited English she had learned at school. The ads were displayed on about 250 kiosks in France, mainly in Paris, and in fashion magazines; the open-legged ad was splashed on a large billboard along the route to Paris from Charles de Gaulle airport. If I can be honest, I dont think that today that campaign would even be shot.. Apple said Mr. Deneve would be. Email us at [email protected]. But she does believe in learning from mistakes. Its part of the DNA of the brand, Bellettini told Business of Fashion (BoF) in an April 2016 interview.