Mulberry has just announced an unexpected change in leadership. Starting September 1st, Andrea Baldo will succeed outgoing CEO Thierry Andretta with immediate effect.
The leather goods brand Mulberry announced on Tuesday, July 9th, the appointment of Andrea Baldo as CEO, effective from next September. He will assume his role at the helm of the company along with responsibilities on the board of directors.
This unexpected change comes following the immediate departure of Thierry Andretta, who had been at the helm of the British company since 2015.
Over 20 Years of Experience
Of Italian origin, Andrea Baldo has been in the fashion industry since 2012. After leading Maison Martin Margiela, he spent nine years at the Italian brand Diesel, where he served as Director of Strategic Planning, Head of Lingerie Division, and Director of the high-end Black Gold line.
From 2013 to 2016, he then joined the brand Marni, before being appointed in October 2018 as Executive Director of the Scandinavian label Ganni. Andrea Baldo stepped down from his position at the end of April to make way for Laura du Rusquec, formerly of Kering with experience at Gucci and most recently as Deputy CEO at Balenciaga. During his five-year tenure, Ganni expanded its international retail presence, particularly in Europe, Asia, and the United States, while diversifying its product offerings.
His arrival at the Danish label coincided with L Catterton’s majority stake acquisition in 2018, an investment vehicle led by the LVMH Group.
“Following our search process, it was clear that Andrea’s expertise, creativity, and strategic thinking within an international fashion brand made him absolutely the right person for this role,” stated Chris Roberts, Chairman of Mulberry, in a press release.
Declining Revenue
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Featured Photo: © Ganni
