An important shift is underway in the world of luxury fashion, as one of Italy’s premier houses prepares for new leadership. Valentino, the illustrious Italian luxury label, has officially announced the departure of its chief executive, Jacopo Venturini, closing a pivotal five-year era defined by global expansion, creative transformation, and navigation through the extraordinary challenges of the pandemic. The announcement, issued as a press release on August 14, 2025, marks a critical transition for the house as it faces a creative reset and evolving ownership landscape.

The Official Statement and Leadership Change
In the press release, Valentino’s board stated: “Today, Valentino announces that it has reached a mutual agreement with Jacopo Venturini to terminate his employment and board roles effective August 13, 2025, as Mr Venturini has decided to take a break for personal reasons.”
This mutual agreement, reflecting respect for Venturini’s personal choice, marks the conclusion of his impactful leadership at the Rome-based couture giant. The company further announced that a successor will be announced in due course, indicating the start of a new chapter for Valentino as it searches for its next strategic captain.
Venturini’s career reveals a long-standing connection with Valentino. He first joined the brand from 2000 to 2004 as brand manager, left for Prada, and then returned in 2008, remaining until 2015 before moving to Gucci.
His arrival as CEO in 2020 saw him guiding the company through some of its most challenging times, such as lockdown-era store closures, rapid retail expansion in Asia and the Middle East, and repositioning Valentino within the evolving luxury sector Financial and Creative Challenges Venturini’s departure comes amid financial challenges for Valentino.
Recently, the company has experienced a dip in revenues and operating profit, which coincided with significant investments into a creative overhaul led by the newly appointed creative director, Alessandro Michele.
Michele, who joined Valentino after a celebrated tenure at Gucci, brought a fresh aesthetic to the brand, debuting his signature style at Paris Fashion Week. Ownership Evolution: Kering’s Growing Influence A significant subplot to Venturini’s exit is Valentino’s evolving ownership structure…
Discussion
0 Comments
No comments yet.
Sign in to join the discussion.