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Valentino has named Riccardo Bellini its new chief executive, succeeding Jacopo Venturini as difficulties intensify for the Roman brand.
Earlier this year, Bellini was named managing director of Mayhoola, the Qatari investment vehicle that owns Valentino as well as Balmain, Pal Zileri and Beymen.
Bellini is now stepping in to steer the group’s biggest brand at a critical moment: Valentino has been hit hard by a deepening slump in demand for luxury goods, which has made it more difficult to…
