Kering reshuffles Italian leadership, elevates Sabina Belli

Kering has appointed Sabina Belli as president of Kering Italia, handing her oversight of a region that accounts for more than a quarter of the group's global workforce, according to WWD and Luxury Daily. Belli moves up from her role as chief executive of Pomellato, the jewellery house she has led, and will be succeeded there by Charlotte Fournet. Krizia Cucurachi has been named chief executive of DoDo, the more accessible jewellery brand also under the Kering umbrella. The changes take effect from 15 September.

The reshuffle matters beyond the individual appointments because of what it signals about Kering's Italian manufacturing and creative base at a sensitive moment for the group. Italy is not just a market for Kering, it is the operational backbone for much of its leather goods and jewellery production, making the choice of who runs the country operation a strategic decision rather than a purely commercial one. Promoting an internal jewellery executive to the top Italian job, rather than bringing in an outsider, suggests continuity is being prioritised over a wholesale reset.

The move also lands as Kering continues to work through a period of soft demand at its flagship Gucci brand and broader questions about group strategy under new leadership. Strengthening the bench at Pomellato and DoDo, two of the group's more resilient smaller houses, gives Kering additional levers to pull if it wants to diversify revenue away from its larger, currently underperforming brands. Watch whether Fournet and Cucurachi are given room to expand internationally, and whether Belli's elevation is followed by further changes to how Kering organises its Italian operations.

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