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Kering CEO Jacopo Venturini on Sick Leave Amid Global Luxury Group's Operations
ByAinvest
Monday, Jun 30, 2025 8:51 am ET1min read
Valentino CEO Jacopo Venturini is on sick leave. Kering, a global luxury group, manages several renowned fashion and jewelry houses, including Gucci, Saint Laurent, and Balenciaga. The group has 46,930 employees and restated revenue of EUR 17.2 billion in 2024, with a network of 1,813 stores in Western Europe, North America, Japan, and emerging countries. Net sales are distributed geographically as follows: Western Europe (29%), Japan (8.3%), Asia/Pacific (30.4%), North America (23.8%), and other (8.5%).
Italian luxury fashion house Valentino has announced that its Chief Executive Officer, Jacopo Venturini, is currently on sick leave. The company, which is controlled by the Qatari investment fund Mayhoola, did not provide further details or comment on the possible exit of the manager [1].Valentino is part of the global luxury group Kering, which manages several renowned fashion and jewelry houses, including Gucci, Saint Laurent, and Balenciaga. Kering reported 46,930 employees and restated revenue of EUR 17.2 billion in 2024, with a network of 1,813 stores in Western Europe, North America, Japan, and emerging countries. Net sales are distributed geographically as follows: Western Europe (29%), Japan (8.3%), Asia/Pacific (30.4%), North America (23.8%), and other (8.5%) [2].
Kering is currently seeking an SAP SCM SD/MM Expert to join its SAP Supply Chain dynamic team in Milan, reporting to the SAP Allocation & Replenishment Lead. The role involves managing and supporting the delivery of the global ERP implementation at Kering, in close partnership with various teams [2].
In other news, CISO Global (CISO) has renewed its S-3 shelf registration, reducing the total shelf amount significantly from $300 million to $100 million. Concurrently, the company has reduced its At-The-Market (ATM) offering component from $100 million to about $10 million. This strategic move aligns with the company's commitment to maintaining compliance with Nasdaq requirements [3].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_S8N3QE07W:0-valentino-ceo-jacopo-venturini-is-on-sick-leave-the-fashion-house-says/
[2] https://www.kering.com/cn/talent/job-offers-cn/europe/kering-technologies-sap-scm-sdmm-expert/
[3] https://www.gurufocus.com/news/2950205/ciso-global-files-significantly-reduced-s3-shelf-registration-ciso-stock-news
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