Valentino S.p.A. concluded its 2023 financial year with an 8% increase in revenue, exceeding €1 billion. These results were achieved under the creative direction of Pierpaolo Piccioli, whose tenure shaped much of the brand's recent aesthetic successes.
Since then, the role of creative director has transitioned to Alessandro Michele, who was appointed in April 2024, marking the beginning of a fresh chapter for the brand. The growth in 2023 was underpinned by robust performances across various geographical regions and distribution channels, showcasing the brand’s adaptability and resilience. Key financial metrics indicate sustained improvement in operating income and net profitability, with results pointing to an upward trajectory for the luxury fashion house.