Geneva, Switzerland — Richemont, a luxury retail group based in Geneva with U.S. headquarters in New York City, has announced that Riccardo Bellini has decided not to continue in his role as president and CEO of Chloé, after 4 years in the position. The decision was made in full collaboration with Richemont to allow a proper completion of his mission and a smooth onboarding and start of the recently hired creative director. Bellini will leave his role at Chloé by the end of this month; he will be succeeded by Laurent Malecaze (pictured).
During his tenure as president and CEO of Chloé, Bellini has led a successful elevation and transformation of the brand, overseeing a period of growth and strong results both financially and creatively. He oversaw the appointment of Chemena Kamali as new creative director and the development of her first Fall 24 collection. His vision and leadership was also instrumental in transforming Chloé into a purpose-driven company, as a pioneer in sustainability.
“I am proud of 4 amazing years of business growth, transformation and successful results, the continuous elevation of the Maison and the leadership and pioneering role that Chloé plays today in sustainability,” Bellini says. “I am thankful to my incredible teams and to Richemont for the great support and partnership throughout. Today Chloé has the solid foundations to continue to grow bigger and stronger and I am fully confident that Chemena Kamali as new creative director will unlock the full potential of the Maison. I wish her and the entire Chloé team all the best future success.”
As the new president and CEO of Chloé, Laurent joins from dunhill where he oversaw a successful turnaround of the business over the past 2 years. He previously led AZ Factory, part of Richemont, which he started up with Alber Elbaz. Prior to this, he was CEO of New York-based The Webster, a luxury multi-brand retailer, after several years as a strategic consultant at Bain & Company.
The new CEO of dunhill will be announced in the near future.
Richemont’s unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier and Van Cleef & Arpels; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, AZ Factory, Chloé, Delvaux, dunhill, Montblanc, Peter Millar including G/FORE, Purdey, Serapian as well as Watchfinder & Co. In addition, Richemont operates NET-A-PORTER, MR PORTER, THE OUTNET, YOOX and the OFS division. For more information, visit www.richemont.com.