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Luxury group LVMH shakes up leadership at Dior, Louis Vuitton

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Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="CEO of French luxury goup LVMH, Bernard Arnault attends a new conference to present the group" s="" annual="" in="" January="" April="" EPA-EFE="" IAN="" LANGSDON="" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/news/01/11/6930547-bernard-arnault-ceo-lvmh-epa.jpg"/><figcaption>CEO of French luxury goup LVMH, Bernard Arnault attends a new conference to present the group&#x27;s annual results, in Paris, France, 29 January 2019 (reissued 16 April 2019). <em>EPA-EFE/IAN LANGSDON/FILE</em></figcaption></figure></div><p><br/>PARIS - French luxury group LVMH announced a leadership shuffle on Wednesday, naming new chief executives at major brands Christian Dior Couture and Louis Vuitton.</p><p>Delphine Arnault, a top executive at Louis Vuitton and daughter of billionaire LVMH boss Bernard Arnault, will become CEO of perfume and fashion house Dior, LVMH said in a statement.</p><p>Bernard Arnault said in a statement that his daughter&#x27;s appointment is the &quot;continuation of a career of excellence in fashion and leather goods&quot;.</p><p>Under her direction, he said, the brand was able to &quot;fly from record to record&quot; and her &quot;sharp eye and incomparable experience will be decisive assets in the continued development of Christian Dior.&quot;</p><p>She will succeed Pietro Beccari, who will replace Michale Burke as head of Louis Vuitton, the world&#x27;s leading luxury brand famous for its handbags bedecked with the initials &quot;LV&quot;.</p><p>Bernard Arnault praised Beccari for his &quot;exceptional work&quot; as head of Dior over the past five years.</p><p>&quot;Nobody doubts that he will lead Louis Vuitton towards even greater desirability and success,&quot; Arnault said.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/04/13/22/lvmh-sales-soar-despite-continued-pandemic-conflict">LVMH sales soar despite continued pandemic, conflict</a></li>	<li><a href="https://news.abs-cbn.com/business/12/19/22/lvmh-owner-unseats-elon-musk-as-worlds-richest-person">LVMH owner unseats Elon Musk as world&#x27;s richest person</a></li></ul><p>Bernard Arnault praised Burke for his &quot;great job&quot; during 10 years at the helm of Louis Vuitton which helped to &quot;widen the gap with our competition&quot;.</p><p>Burke will take up a new position alongside Bernard Arnault.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/08/16/22/luxury-retailer-ssi-says-sales-net-income-exceed-pre-pandemic-level">Revenge spending? Luxury retailer SSI says sales, net income exceed pre-pandemic level</a></li>	<li><a href="https://news.abs-cbn.com/business/05/17/22/ssi-group-posts-p68-million-net-income-in-q1">Luxury retailer SSI Group posts P68 million net income in Q1</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2270152" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

French luxury group LVMH announced a leadership shuffle on Wednesday, naming new chief executives at major brands Christian Dior Couture and Louis Vuitton.