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Ganni Hires New CEO From Balenciaga

Balenciaga’s deputy CEO Laura du Rusquec will replace Andrea Baldo as the Danish brand aims to elevate its image.

Sarah Kent

23 April 2024

Copenhagen-based Ganni is bringing on new leadership from Balenciaga, as private-equity backer L Catterton eyes a path to a future exit. Balenciaga’s deputy CEO Laura du Rusquec will take the reins as chief executive of the Danish brand, replacing Andrea Baldo, according to the company.

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Report: L Catterton to Sell Ganni in up to $700 Million Deal

Private equity firm L Catterton is selling its Danish fashion brand Ganni in a deal that could fetch up to $700 million, two people with knowledge of the situation told Reuters.

L Catterton Acquires Majority Stake in Ganni

With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.

Case Study | How Ganni Turned a Local Label Into a Global Brand

In our in-depth case study, BoF examines how Ganni went from a niche Danish cashmere label to a cult favourite on the brink of global expansion.

About the author

Sarah Kent

Sarah Kent is Chief Sustainability Correspondent at The Business of Fashion. She is based in London and drives BoF's coverage of critical environmental and labour issues.

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