PARIS — Drawing on its deep management reserves, LVMH Moët Hennessy Louis Vuitton has tapped Fabrizio Malverdi, managing director at John Galliano, to helm Givenchy, WWD has learned.
Malverdi — an Italian national who drove Galliano to profitability and steered expansion into fragrance, children’s wear, eyewear, watches and jewelry — is expected to start as Givenchy’s managing director on Oct. 6. An announcement is expected as early as today.
His successor at Galliano has yet to be named.
At Givenchy, Malverdi will succeed Marco Gobbetti, who, as reported, was promoted to president and chief executive officer at Celine in conjunction with the appointment of British designer Phoebe Philo as the brand’s new artistic director. She will present her first Celine collection next March for the fall-winter 2009 season.
Philo’s appointment came in tandem with a management shuffle at LVMH that also saw Celine ceo Serge Brunschwig promoted to chief operating officer at Christian Dior Couture.
Malverdi joined Galliano in June 2006 after six years at Italy’s Mariella Burani Fashion Group, where he held various management responsibilities, including licensing and integrating and acquiring companies. His last title there was managing director of Mila Schön and he floated its accessories subsidiary Antichi Pellettieri. His résumé also includes stints at Benetton, La Perla and Staff International, both in Europe and in the U.S.
As Givenchy’s managing director, Malverdi will be charged with accelerating development at the brand with creative director Riccardo Tisci, and building on the accomplishments of Gobbetti, who will remain a board member of the house.
During his four-year tenure, Gobbetti partnered with Tisci to bring a more modern and succinct image to Givenchy, build the wholesale business and create a new retail concept for the storied label. The gallerylike Paris boutique, with black boxes evoking the feeling of several boutiques in one store, opened in February here on the Rue du Faubourg Saint-Honoré.
“The brand has been repositioned and the market has well understood the new identity and the new products,” Gobbetti said Friday. “I will make sure that the transition is as smooth as possible.”
Givenchy entered the black last year, fueled by sales momentum led by women’s fashions by Tisci, who now also oversees Givenchy men’s wear.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast