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Italian luxury brand Valentino said on Monday its chief executive Jacopo Venturini was currently on sick leave, responding to media reports of his imminent departure.
A possible change of CEO would, if confirmed, pile further pressure on the high-end business which reported a decline in revenues and profit last year.
Italian fashion blog “The platform” reported on Sunday that the Italian manager, who took the role in 2020, was about to leave the group in order to have more time for…
