The new year brings a new chapter for luxury group LVMH's fashion division. After six years as the chief executive officer of LVMH Fashion Group, Sidney Toledano is stepping down from this role. Michael Burke will take on the role of CEO. After joining the Arnault Group where he oversaw investments in the United States, Michael Burke led the...
19 Jan 2024
Succession planning at the world’s largest luxury group has been underway for years, but owner Bernard Arnault has taken sensible steps to ensure continuity, profitability and longevity at LVMH. The 74-year-old business titan recently appointed his eldest daughter to oversee Christian Dior while his son Antoine is heading Agache, LVMH’s holding...
17 Apr 2023