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Kering names former Prada brand CEO as new Alexander McQueen boss

Mon, 01st Jun 2026 17:29

June 1 (Reuters) - Kering has appointed former Prada brand ​CEO ‌Gianfranco D'Attis as chief executive of struggling British ⁠luxury house Alexander McQueen, the ⁠French group said on ​Monday.

D'Attis will start on June 3, Kering said, as the British label grapples with a ​slump ‌in sales, which have triggered a restructuring and layoffs.

Job losses recently led to a strike at the group's Italian operations where ​McQueen is cutting almost a third of ‌its roughly 180-strong workforce as it seeks to break even after revenue ‌fell by around 60% over the past three years, unions have said. The brand also ​confirmed job cuts in its UK office last year.

D'Attis previously ‌ran the Prada brand and left the role last year.

"Alexander McQueen is entering a new ⁠phase ⁠focused on strengthening its distinctive positioning, ‌supported by a leaner and more disciplined model built ​around ​focused collections, a rightsized retail network ‌and a streamlined organization," Kering said in a statement. (Reporting by Gianluca Lo Nostro, Elisa Anzolin, Dominique Patton; Editing by Susan Fenton)

Corporate News Consumer Goods Retail Kering

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