Alessandro Michele on Reshaping Valentino, Modern Fashion

ROME – It’s hard to believe it’s been only a year since Alessandro Michele’s first fashion show as creative director of Valentino . The changes within the company and outside in the industry — and not only — have been unfolding at breakneck speed.

The debuts of an unprecedented number of designers at brands from Dior to Chanel and Versace have been swirling around Michele and the house of Valentino is now being led by a new chief executive officer, Riccardo Bellini, who succeeded Jacopo Venturini in August.

As Kering and Valentino restructure, the current ownership of the couture house, controlled by Mayhoola, will not change before 2028 at the earliest — an amendment to their shareholders’ agreement, inked at the time of Kering’s acquisition of a stake in Valentino in 20