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Italian luxury fashion house Valentino has recently undertaken a reorganisation of its financial and operational structure and added two new management positions.
In a purpose to streamline its operations, Valentino said in a statement that it had distinctly separated the commercial and control divisions. Indeed, Giuseppe De Mori has been appointed as the new director of operations and logistics and Alberto Fasanotti as global finance director. However, both departments will report directly to CEO Jacopo Venturini.
Indeed, these changes have been made in order to accelerate Valentino’s growth and strengthen its credentials as an Italian fashion house.
“We are set on building together the next chapter of the brand, streamlining the business as well as repositioning Valentino in its natural sphere: the most established Italian Maison de Couture,” said Jacopo Venturini in a statement. The new leadership is “a fundamental step in our pathway from a professional and value system perspective,” he continued.
Who are the heads of Valentino’s two new divisions?
Giuseppe De Mori was previously General Manager of Industrial Operations for the Italian fashion house Bottega Veneta since 2008. In his new role, he will oversee Valentino’s industrial strategy, coordinating the production of all product categories as well as the logistics function globally. He will also provide services to internal and external customers “to further underline the company’s customer and colleague-centric vision,” Valentino added.
De Mori will also be responsible for making the industrial footprint efficient “through the evolution, improvement and digitalisation of internal processes”, with a focus on sustainability, described by Valentino as a “strategic priority” to support its growth.
The divisions being taken over by De Mori include logistics, ready-to-wear, footwear and leather goods.
For his part, Alberto Fasanotti was chief financial officer of the luxury house Chanel in the UK. At Valentino – which he will join in February – he will be responsible for leading the global financial strategy, with a particular focus on the digitalisation of internal processes. Valentino also adds that he will highlight “risks and opportunities to ultimately facilitate all decisions on strategic imperatives”.
As global CFO, he will manage divisions including banking and finance, tax accounting and treasury, and control and procurement.
Valentino, in a creative and sustainable approach
Adding weight to its ambition, Valentino has demonstrated for several years that it wants to focus its approach on a culture of creativity, innovation and sustainability. Indeed, this decision has notably taken off since Venturini has been at the helm of the Mayhoola brand for the past year and a half, a Qatari investment fund specialising in financial investments within the luxury industry.
As far as Valentino is concerned, this commitment to sustainability and innovation has already taken shape with the introduction of its integrated Valentino Vintage resale offer, as well as the updating of its packaging, now made with recycled content, last October and November.
In addition, Valentino is also preparing its first young designer showcase on Instagram at Milan Fashion Week in February, featuring emerging designer Marco Rambaldi.
“With energy and enthusiasm, we are charting a new course for the future with a common goal: to elevate the pillars of the company, implement a colleague- and customer-centric culture that puts people at the centre, and consolidate a culture of creativity, innovation and sustainability. The integration of Giuseppe de Mori and Alberto Fasanotti is a fundamental step in our journey from a professional and value system point of view” , says Valentino.
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Italian luxury fashion house Valentino has recently undertaken a reorganisation of its financial and operational structure and added two new management positions.
In a purpose to streamline its operations, Valentino said in a statement that it had distinctly separated the commercial and control divisions. Indeed, Giuseppe De Mori has been appointed as the new director of operations and logistics and Alberto Fasanotti as global finance director. However, both departments will report directly to CEO Jacopo Venturini.
Indeed, these changes have been made in order to accelerate Valentino’s growth and strengthen its credentials as an Italian fashion house.
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Italian luxury fashion house Valentino has recently undertaken a reorganisation of its financial and operational structure and added two new management positions.
In a purpose to streamline its operations, Valentino said in a statement that it had distinctly separated the commercial and control divisions. Indeed, Giuseppe De Mori has been appointed as the new director of operations and logistics and Alberto Fasanotti as global finance director. However, both departments will report directly to CEO Jacopo Venturini.
Indeed, these changes have been made in order to accelerate Valentino’s growth and strengthen its credentials as an Italian fashion house.
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