LVMH (EU:MC) announced on Tuesday that Pietro Beccari, currently CEO of Louis Vuitton, will assume leadership of the group’s fashion division. Beginning January 1, Beccari will oversee the broader fashion portfolio while continuing in his existing role at Louis Vuitton, the company said in a statement.
The luxury conglomerate also confirmed that Sidney Toledano, chairman and CEO of LVMH Fashion Group, will step back from his operational duties.
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