Amandine Ohayon takes the helm at Givenchy. Starting tomorrow, January 9, 2026, she will succeed Alessandro Valenti and report to Pietro Beccari, CEO of LVMH Fashion Group and CEO of Louis Vuitton.
At the same time, the French luxury giant announced that Valenti will be the new deputy CEO in charge of Christian Dior Couture's commercial activities, effective January 12, 2026. The Italian manager will report to Pierre-Emmanuel Angeloglou, deputy CEO of Christian Dior Couture, and will join the executive committee. Valenti was appointed managing director of Givenchy in July 2024.
A strategic transition for the Maisons
"Alessandro has shown exceptional determination and efficiency in managing Givenchy's transition phase," said Sidney Toledano, long-time CEO of LVMH Fashion Group and now special advisor to Bernard Arnault, CEO of LVMH Group, in a statement. "As a result, the house is now optimally positioned to leverage its renewed organization, thereby promoting future growth. I am very pleased to see Amandine join Givenchy and continue the development of this ambitious project, alongside Sarah Burton (creative director since 2024, editor's note)."
"Thanks to her unique ability to collaborate with the most creative talents, combined with inclusive leadership and solid expertise in retail, I am convinced that Amandine will play a key role in further accelerating the new chapter of growth for Givenchy, the iconic French haute couture house," commented Beccari.
"I am confident that Alessandro will make a significant contribution to our retail and digital performance, thanks to his vision, his experience within the group, and his ability to engage teams to meet commercial challenges at a particularly exciting and ambitious time for Christian Dior Couture," added Pierre-Emmanuel Angeloglou.
Crossed paths at LVMH
Ohayon began her career at LVMH in 1998, initially working in Christian Lacroix's retail and events department in New York. In 2000, she joined L'Oréal, first as general manager for luxury beauty brands, then in 2014 as general manager of the luxury division for the United Kingdom and Ireland. In 2018, she was appointed CEO of Pronovias, and since 2023, she has been at the helm of Stella McCartney.
Valenti began his career in Italy in 1995 as a financial controller at Bull. He then joined the Carrefour Group. In 1999, he became global director of retail sales and operations at Versace, before being appointed executive vice president of retail at Giorgio Armani in 2004. In 2011, he was promoted to senior vice president of retail at Ralph Lauren. The manager joined the LVMH Group in 2014 as Chief Executive Officer of Louis Vuitton.
Financial context
The French giant's revenue rose 1% at constant exchange rates in the third quarter of 2025, reaching €18.3 billion, while year-on-year, the company declined by 4.2%. The group achieved sales of €58.1 billion in the first nine months of 2025, down 4% at current exchange rates and 2% at constant exchange rates compared to the same period last year. The Fashion & Leather Goods division saw its revenues decline by 8% at current exchange rates (-6% at constant exchange rates) in the first nine months of 2025, with an improvement in the third quarter (-2% at constant exchange rates).