Portugal Colonial - Maria Grazia Chiuri named creative director at Fendi

The 61-year-old takes over from Silvia Venturini Fendi, granddaughter of the Fendi founders, who has been interim director of women's collections since English designer Kim Jones left in October 2024.

Chiuri, who spent nearly a decade at the helm at Dior, will present her first collection for Fendi in Milan in February.

"Maria Grazia Chiuri is one of the greatest creative talents in fashion today," said Bernard Arnault, the multi-billionaire chief executive of fashion giant LVMH, which owns Fendi and Dior.

"Surrounded by the Fendi teams and in a city that is dear to her heart, I am convinced that Maria Grazia will contribute to the artistic renewal and future success of the house while perpetuating her unique legacy," he added.

The change is part of a huge shakeup of the European luxury clothing industry that has seen Chanel, Dior, Gucci, Balenciaga, Loewe and Versace unveil new leadership.

Brands are hoping the renewal will help boost flagging sales caused by a slowdown in China, US tariffs and a widespread sense of economic uncertainty.

Chiuri arrives on the back of a highly successful stint at Dior where she was the house's first female artistic chief.

One of the most high-profile women in a still male-dominated industry, she established herself at Valentino and began her career at Fendi in 1989.

HSBC bank analysts have estimated Fendi to have been the fourth-biggest fashion brand last year in the LVMH portfolio -- behind Louis Vuitton, Dior and Celine -- with sales of 2.33 billion euros ($2.69 billion).

LVMH does not break down sales by brand.

Fendi, best known for its leather bags and accessories, was founded in Rome in 1925 by Adele Casagrande and Edoardo Fendi.

Its modern history was shaped, like at Chanel, by designer Karl Lagerfeld, who was creative director from 1965 to 2019.

C.Amaral--PC