Bottega Veneta CEO Marco Bizzarri Takes Over CEO

In the face of both Gucci creative director Frida Giannini and CEO Patrizio di Marco both quit, the Gucci team is trying to reverse the situation of brand weakness and actively fill it.

This leads to speculation about who will succeed the creative director of Gucci.

Global CEO and chief executive officer Marco Bizzarri will take over CEO in January 1st and may announce the selection of creative director.

Now, the exact source is that candidates may include Givenchy Riccardo Tisci, Tomas Maier of Bottega Veneta, Peter Dundas and Peter of Pucci.

But Kai Yun group declined to indicate when to launch.

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It is understood that the company already has the list of designers under consideration, and it is likely to be announced after Giannini left. The 2015 autumn women's clothing series of Giannini will be on display in Milan in February 25th, and the final men's show for Gucci will be released in January.

But as Tom Ford and Domenico De Sole quit, the question of Gucci's survival now is what kind of brand it wants to be: Herm like s that focuses on fashion classics, or Louis Vuitton or Prada like a fashion craze.

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If the Givenchy Riccardo Tisci on the list is sure to cause a sensation, the Givenchy parent company LVMH group declined to comment on Tisci's guess.

A spokesman for Kai Yun group also said that they had never commented on the rumor, but that recruitment is in progress.

According to sources, Riccardo Tisci has been in touch with Gucci, but the possibility of this paction can not be immediately known.

However, according to previous reports, Riccardo Tisci has renewed Givenchy in February 2013 for three years, that is, the agreement will not expire until October 2015, and Gucci may not be able to wait without a leader.

Moreover, LVMH group's enforcement of labor contracts and non competition provisions is very strict.

For example, Mulberry recently hired C line's Johnny Coca as its new creative director, but Johnny Coca had to start working for its new company at the end of its contract with LVMH (July).

More importantly, how can LVMH group tolerate its star designers to compete with their competitors? The latest news indicates that LVMH chairman Bernard Arnault has appointed the most experienced manager, Philippe Fortunato, as the CEO of Givenchy.

(Philippe Fortunato is the president and chief executive officer of North Asia Louis Vuitton. He has also served as a senior position in Fendi and Christian Dior.

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By 2015, Riccardo Tisci had been working for Givenchy for 10 years.

He has been quite active lately, including setting up boutiques in the United States and possibly returning to fashion shows.

And because of its popularity in fashion design, Givenchy is expected to earn 350 million euros (US $433 million 300 thousand) this year.

Givenchy temporarily refused all responses.

Gucci fashion new favorite Joseph Altuzarra won the 2014 CFDA dress designer award, and in October this year, and the same sex partner Seth Weissman wedding, the so-called love career double harvest.