Valentino has appointed Davide Tosi as chief merchandising officer, tapping the former Gucci ready-to-wear merchandising director to lead global merchandising and pricing strategy. Tosi’s arrival adds to earlier moves including the appointment of Yigit Turhan as chief marketing officer and Riccardo Bellini as CEO on Sept. 1 under Mayhoola’s ownership.
Meanwhile, Fendi has seen a significant shake-up in its communications leadership. Long-time chief communications officer Cristiana Monfardini left the brand after 20 years, following the appointment of new CEO Ramon Ros in July and creative director Maria Grazia Chiuri’s arrival from Dior.
Valentino’s restructuring comes as the Mayhoola-backed house secured a €100 million capital injection and aligned its leadership team around its renewed strategy.
Fendi’s changes reflect a broader transition at the Roman maison as it celebrates its centennial and seeks to modernise under LVMH ownership, with a focus on restoring creative momentum and brand relevance.
These shifts underscore luxury fashion’s current trend of internal realignment and leadership refreshes as brands aim to navigate market challenges and define their future trajectories.