EXCLUSIVE: Balmain Names New CEO
Balmain has tapped Zadig & Voltaire chief executive officer Jean-Jacques Guével as its new ceo, multiple sources told WWD. The Paris-based fashion house confirmed the appointment and said Guével would “support the expansion of the house, the development of its accessories lines and further accelerate Balmain’s international growth.” He is to start in February. It’s the latest in a flurry of executive changes at European fashion houses over the past year. Guével succeeds Massimo Piombini, who stepped down at Balmain last month after a two-year stint for personal reasons. His next move could not immediately be learned. Commenting on his arrival, Guével expressed admiration for Balmain’s “remarkable” growth over the past few years. “Since the day that he stepped into the role of creative director, Olivier Rousteing has managed to build upon the singular heritage and savoir-faire of the 75-year-old house — while, at the same time, always knowing how to best respond to the needs and desires of the new and diverse generation that he is a part of,” he said in a statement seen by WWD on Thursday. “I’m looking forward to working closely with him and the rest of the Balmain team, as we build upon that unique vision to fully realize Balmain’sFollow WWD on Twitter or become a fan on Facebook.
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