Alessandra Facchinetti has been seen for years as a rising star of Italian couture and one of its most promising talents. She previously worked at Gucci, where she took over from Tom Ford.
"Facchinetti is the designer who can provide the best interpretation and continuity to the image that characterizes the Valentino label across the world," the group's chief executive officer, Stefano Sassi, said in a statement.
Designers Maria Grazia Chiuri and Pier Paolo Piccioli keep their jobs as accessories designers, the statement said.
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