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Jacquemus CEO Bastien Daguzan makes shock departure

Jacquemus has announced the departure of its chief executive officer Bastien Daguzan, less than two years in the top role at the French luxury brand.

SEE ALSO: Jacquemus’ Cafe Fleurs pops up in Seoul

“Bastien has been a driving force behind the business and its leadership,” said Simon Porte Jacquemus, founder, owner and creative director of the Jacquemus brand.

“We wish him well in his new endeavour.”

Daguzan joined Jacquemus in May 2022, after serving as general manager at Paco Rabanne for five years.

Prior to this, he had held managerial roles and executive positions at Le Maire and Krisvanasche, where he was sales executive, before becoming sales and development director.

“I would like to thank Simon for his trust and the incredible journey we have been on together with the team,” said Daguzan.

“He has always been an immense source of inspiration; I am so proud to have been a part of this adventure.”

The news comes just weeks after it was reported that Daguzan was to also take on the president role at the Paris-based label, expanding his title, while Jacquemus was to remain on as creative director and shareholder.

His replacement as Jacquemus CEO and president has not been announced.

Since its inception in 2009, Jacquemus has been on a fast growth trajectory. It opened its first flagship in a 3,200 square-foot, two-level space on Paris’ Avenue Montaigne, in September last year, and hit EUR 200 million (USD 220 million) in sales in 2022.

In October this year, Jacquemus took its Cafe Fleurs pop-up concept to Seoul, after a successful stint in Paris this year.