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The House of Balmain<\/strong> has just announced the appointment of Matteo Sgarbossa<\/strong> as President and CEO. Currently the international director of Givenchy<\/strong> and a member of its executive committee, Matteo Sgarbossa will assume his duties at the label founded by Pierre Balmain on May 6th.<\/p>\n <\/p>\n This news follows the departure of Jean-Jacques Gu\u00e9vel<\/strong> last March. After four years at the helm of Balmain, the latter had announced his departure from the luxury House “to pursue other projects<\/em>“.<\/p>\n <\/p>\n “Matteo’s strong leadership skills and extensive experience in the fashion and luxury industry at high levels make him the ideal person to lead Balmain. I am convinced that his energy and knowledge of the global market will be decisive in this new phase of Balmain and that his partnership with Olivier Rousteing will lead to a very fruitful chapter in the history of the house.<\/em>” said Rachid Mohamed Rachid<\/strong>, President of Balmain and CEO of Mayhoola<\/strong>.<\/p>\n <\/p>\n Matteo Sgarbossa will be responsible for accelerating Balmain’s international growth by building on the “solid foundations<\/em>” established in recent years. He will work closely with Olivier Rousteing<\/strong>, the brand’s creative director, to strengthen Balmain’s reputation.<\/p>\n <\/p>\n “Balmain has been synonymous with creativity and innovation since its founding in 1945,”<\/em> said the 43-year-old Italian in a statement. “I am very excited to continue building on this unique heritage. I express my sincere gratitude to Mr. Rachid and Mayhoola for entrusting me with the task of guiding the house towards its next chapter of success<\/em>.”<\/p>\n <\/p>\n [\/arm_restrict_content]
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