Effective January 9, 2026, Amandine Ohayon will assume the role of CEO at Givenchy, succeeding Alessandro Valenti. She will report directly to Pietro Beccari, CEO of the LVMH Fashion Group.

Meanwhile, Alessandro Valenti will join Christian Dior Couture on January 12 as Deputy CEO in charge of commercial activities, joining the executive committee under the leadership of Pierre-Emmanuel Angeloglou.

Pietro Beccari emphasized that Amandine Ohayon's expertise in retail will be central to "accelerating Givenchy's new chapter of growth."

For its part, Dior's management is counting on Valenti's vision to optimize commercial and digital performance. This game of musical chairs comes as Givenchy embarks on a new phase of its organization under the creative direction of Sarah Burton.

As a reminder, LVMH shares dropped 2.3% today, weighed down by a note from Berenberg stating that the "super-cycle" in luxury, which has driven sector growth for three decades, has now come to an end.