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Valentino creative director Pierpaolo Piccioli exits Italian luxury house

Valentino announced Pierpaolo Piccioli is departing from his role as creative director, a shock exit after more than a decade at the design helm of the Italian luxury brand.

SEE ALSO: Kering to acquire Valentino stake, reports H1 results

Piccioli has been creative director of Valentino for over 16 years, for the first eight jointly with Maria Grazia Chiuri.

The Italian designer then assumed the role of sole creative director of the maison in 2016, were he “significantly shaped the maison’s trajectory with his vision, dedication, and innovative spirit, influencing a pivotal chapter in the company’s history,” said the Kering-backed house in a press release.

“I am grateful to Pierpaolo for his role as creative director and for his vision, commitment and creativity that have brought the Maison Valentino to what it stands for today,” said Jacopo Venturini, CEO of Valentino.

Piccioli’s successor is yet to be announced.

“Not all stories have a beginning or an end, some live a kind of eternal present that shines so bright that it won’t produce any shadows. I’ve been in this company for 25 years, and for 25 years I’ve existed and I’ve lived with the people who have woven the weaves of this beautiful story that is mine and ours,” said Piccioli.

“Everything existed and exists thanks to the people I met, with whom I worked, with whom I shared dreams and created beauty, with whom I built something that belongs to all, and that remains immutable and tangible.

“Thanks to Mr. Valentino and Giancarlo Giammetti who have blessed me with their trust, thanks to every single person who made this possible in one way or another, it was a privilege and an honor to share my journey, and my dreams, with you.”

The news comes several months after giant French luxury group Kering acquired a 30 percent stake in Valentino, with the intention to eventually acquire full control of the Roman marque.