Jean-Marc Mansvelt will succeed Antoine Arnault as CEO of Berluti, with his appointment effective January 1, 2024, according to WWD. The leadership change, with Jean-Marc Mansvelt succeeding Antoine Arnault as CEO, signals a deliberate strategic direction for the luxury menswear brand. Berluti has approximately 65 global stores, explicitly aims to excel in its craft and continue to amaze existing clients, rather than pursuing the goal of becoming the largest luxury menswear brand, states magazine.thetimeplace.co.id.
Many luxury brands prioritize aggressive growth and new market penetration. Berluti, however, is doubling down on deep craft and existing client relationships.
Berluti under Mansvelt is likely to solidify its niche as a highly exclusive, craft-focused luxury brand. This approach could influence other high-end labels to reconsider their growth strategies.
- Berluti has approximately 65 global stores, according to magazine.thetimeplace.co.id.
- The brand aims to excel in its craft and amaze existing clients, rather than becoming the biggest luxury menswear brand, reports magazine.thetimeplace.co.id.
- Jean-Marc Mansvelt assumed the CEO role at Berluti on January 1, 2024, as reported by WWD.
- Berluti has approximately 65 global stores, with about half converting to the new retail concept by year-end, according to WWD.
How is Berluti's Retail Vision Evolving?
Berluti introduced its latest retail concept five years ago in Tokyo. This design is now systematically rolling out to its global stores, according to WWD. A new boutique on Via Gesù in Milan, located within the Four Seasons Hotel Milano, is the first European location to feature this concept.
By the end of 2026, approximately half of Berluti's 65 global stores will convert to this updated retail design. The deliberate, multi-year rollout of the updated retail design demonstrates a strategic patience. It prioritizes meticulous execution over rapid market velocity.
