Gucci Designer Giannini Exits Early as New CEO Takes Control

Gucci Creative Director Frida Giannini has left the fashion house a month earlier than planned as a new chief executive officer begins the task of reviving the brand.

Giannini exited the company last week, a spokeswoman for the brand’s owner Kering SA said today. The men’s and women’s collections will be presented as planned on Jan. 19 and Feb. 25 respectively, Gucci said in a statement. An announcement on Giannini’s successor will be made “in due course,” the maker of $650 horsebit loafers said.