StocksMedium•5 November 2026•
1 min read
Kering Announces Exit of Balenciaga Creative Director
Key Facts
1Kering announced the departure of Balenciaga creative director Pierpaolo Piccioli after less than 18 months in the role.
Kering announced the departure of Balenciaga creative director Pierpaolo Piccioli after less than 18 months in the role. The Wall Street Journal reported that the move is part of a broader creative overhaul within the luxury group.
The leadership change follows a period of weak performance and declining demand across the luxury sector. Shares of PPRUY closed at $21.66 on November 4, 2026, having traded between a low of $21.29 and a high of $21.71 during that session.