PARIS — Gucci Group’s president and chief executive officer Robert Polet will relocate this fall to the luxury conglomerate’s offices in Cadempino, Switzerland, as it plans to vacate its longtime digs on London’s Grafton Street, WWD has learned.
Contacted late Monday, a Gucci Group spokeswoman confirmed Polet’s move, along with Alexis Babeau, the group’s chief operating officer, who will transfer this month.
Historically headquartered in Florence and Milan, Gucci set up its airy Grafton Street digs, steps away from the luxury shops of Mayfair, in 1998 during the Tom Ford era, when the-then creative director decided to base himself in the English capital.
It is understood Gucci Group is now searching for a smaller space in central London, where its human resources, legal and IT departments will continue to be based. Earlier this year, Gucci Group shuttered its corporate image division, which had been based at Grafton Street and encompassed seven employees. Apart from a new London address, no other changes to staff or operations are expected.
The Cadempino offices are considered the nerve center for Gucci Group’s supply-chain and logistics operations, and are centrally located near its other European offices — in Paris, Florence and Milan.