Balmain: Massimo Piombini leaves – News: nominations (# 1164100) – UK

A few months ago Massimo Piombini explained to his ambitions for Balmain. The Italian manager, recruited in 2017 from Valentino and who was already Board from Balmain, was aiming for half a million euros of turnover by 2022. He will not see the fruit of this work: Balmain announces this December 2nd his departure for "personal reasons".

Massimo Piombini – Balmain

In his role as CEO, the manager, who took over from Emmanuel Diemmoz, used the creativity and personality of the creator Olivier Rousteing. Under his rule, Balmain has indeed developed major collaborations, such as the recent collection with Cara Delevingne and Puma, but also enriches the accessory brand offer accessories and strengthened its international presence with openings in Europe but also in Asia and Europe. South America.

The brand, which was bought in Mayhoola fund by the Qatari royal family in 2016, for an estimated amount of 460 million euros, said in a statement to have, thanks to Massimo Piombini: "experienced a significant growth and an evolution of its organization, establishing a solid base for the future growth of the brand in the coming years".

She announced that a new Director General is being recruited and will take up office in early 2020.

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