Kering, the French luxury conglomerate, announced the appointment of Stefano Cantino as the new Chief Executive Officer of Gucci. Cantino will succeed Jean-François Palus, who has led the House since July 2023, effective 1st January 2025. Kering sells jewellery under a series of renowned brands including Gucci, Boucheron, Pomellato, DoDo, and Qeelin.
Cantino, who joined Gucci as Deputy CEO in May 2024, brings a wealth of experience in the luxury industry, having previously held senior positions at Louis Vuitton and Prada. His appointment marks the next chapter for Gucci as the brand seeks to regain its leadership position in the market.
Francesca Bellettini, Deputy CEO of Kering in charge of Brand Development, declared: “I am deeply grateful to Jean-François for his dedication and loyalty to Gucci over this transitional period. I am confident that, building on what has been set up over the past 15 months, Stefano and the Gucci team will succeed in the mission to take Gucci back to the leadership the brand deserves.”
François-Henri Pinault, Chairman and CEO of Kering, stated: “I wholeheartedly thank Jean-François for his achievements at the helm of Gucci since summer 2023. Over a particularly challenging period, he made the courageous decisions the House needed, and built sound foundations for a renewed Gucci to flourish again under the stewardship of Stefano. I also want to acknowledge Jean-François’s close and constant collaboration with me over the past 30 years, which has been truly invaluable.”