Givenchy has appointed Marco De Vincenzo as Head of Leather Goods Design, effective May 2026, the LVMH-owned French house confirmed. The Italian designer will report directly to Creative Director Sarah Burton and is tasked with accelerating the maison’s leather goods category, according to WWD’s exclusive report on the appointment.
The hire deepens the creative bench at Givenchy at a moment when LVMH is pushing every house in its Fashion & Leather Goods division to extract more revenue from accessories. De Vincenzo joins less than two months after his departure from Etro.
The Appointment: De Vincenzo Joins Givenchy
De Vincenzo’s role is defined narrowly around leather goods rather than full creative leadership. The position sits beneath Burton, who took over Givenchy’s overall creative direction in 2024 after leaving Alexander McQueen.
“[Marco De Vincenzo will] contribute to accelerating the development of the maison’s leather goods category, bringing his unique vision and expertise.” — Givenchy official statement
The structure signals that Givenchy is treating accessories as a discrete strategic priority. Rather than fold leather goods under a single creative office, the house has created a dedicated design lead reporting to the creative director — a model increasingly common across LVMH brands.
Who Is Marco De Vincenzo
De Vincenzo is a Rome-based Italian designer who founded his eponymous ready-to-wear label in 2009. That same year he won Vogue Italia’s “Who Is on Next?” prize, the career-defining award for emerging Italian designers.
His relationship with LVMH dates to 2014, when the conglomerate took a joint-venture stake in his brand. De Vincenzo repurchased the label in April 2021, joining a small group of designers including Giambattista Valli who have regained full ownership of houses previously backed by major luxury groups.
He served as Creative Director of Etro from 2022 until his March 2026 departure, which both parties described as a mutual decision aligned with a new strategic phase for the brand. His most measurable contribution at Etro was the revitalization of the accessories business — built on a longstanding tenure as a senior leather goods consultant at Fendi, the LVMH-owned Italian house known for handbag innovation.
Givenchy’s Leather Goods Strategy Under Sarah Burton
Burton’s first Givenchy collection debuted in Fall 2025. Since then she has overhauled the house’s bag offering, launching The Snatch in Spring 2026 — a curved, body-referencing silhouette — and refreshing the long-standing Antigona. The Voyou Bucket bag debuted on the Fall 2026 runway in black, white, cobalt leather and red faux fur.
De Vincenzo’s mandate is to deepen the pipeline behind those launches. Givenchy has historically trailed Louis Vuitton and Dior in handbag market share within the LVMH portfolio, and the new structure mirrors moves at other group houses, including Celine under its current creative direction, where dedicated accessories leadership has been used to lift category revenue.
The financial backdrop is acute. LVMH’s Fashion & Leather Goods segment posted a 2 percent organic revenue decline in the first quarter of 2026, the group reported, pressuring every house in the division to grow its highest-margin category.
Industry Context: Luxury Houses Double Down on Accessories
Handbags and small leather goods remain the most profitable product category in luxury, routinely posting gross margins above 70 percent at the major maisons. Richemont’s FY2026 results, which showed continued growth in the group’s leather goods business, have reinforced the view across the sector that accessories are the most defensible revenue pool against soft apparel demand.
The De Vincenzo appointment aligns with a broader wave of senior fashion leadership changes in 2026, including Isabel Marant’s new CEO appointment. Within LVMH, the pattern of pairing a chief creative officer with a dedicated leather goods lead is becoming a template — separating category strategy from runway direction in a bid to professionalize accessories growth.
For Givenchy, the next markers will be commercial. Industry watchers will track whether De Vincenzo’s first leather goods designs reach stores by Spring 2027, and whether the house’s accessory revenue line begins to close the gap with its larger LVMH siblings.
