French luxury conglomerate Kering is shaking up its executive ranks again.
A month after naming Stefano Cantino chief executive of its flagship Gucci brand, the group has promoted Balenciaga chief Cédric Charbit to Iead Saint Laurent, its second-biggest label.
The moves will allow Francesca Bellettini, Saint Laurent’s CEO since 2013, to be “entirely dedicated” to her role as Kering’s deputy CEO of brand development, steering designers and brand-level chief executives across the…

