Content about LVMH

July 21, 2014

Michael J. Kowalski, CEO of Tiffany and Co., will retire from the company effective March 31, 2015.

New York - Michael J. Kowalski, CEO of Tiffany and Co., will retire from the company effective March 31, 2015. Kowalski, who has been with Tiffany for 30 years and a member of the company’s board of directors since 1995, will continue to serve on the board in the role of non-executive chairman.

Tiffany has named Frederic Cumenal, currently the company’s president, to succeed Kowalski as CEO effective April 1, 2015. Kowalski, 62, joined Tiffany in 1983, became CEO in 1999 and assumed the role of chairman of the board in 2003.

June 25, 2013

Louis Vuitton said Tuesday it has tapped billionaire heiress Delphine Arnault as the company’s executive VP. As the second in command, the daughter of LVMH CEO Bernard Arnault will oversee all product-related activities of the Louis Vuitton House.

Paris - Louis Vuitton said Tuesday it has tapped billionaire heiress Delphine Arnault as the company’s executive VP. As the second in command, the daughter of LVMH CEO Bernard Arnault will oversee all product-related activities of the Louis Vuitton House.

December 19, 2012

Luxury group LVMH announced that Louis Vuitton’s new CEO has resigned suddenly, citing a “significant health issue” as the reason for the departure.

New York -- Luxury group LVMH announced Tuesday that Louis Vuitton’s new CEO has resigned suddenly, citing a “significant health issue” as the reason for the departure.

Jordi Constans would be replaced by Michael Burke, CEO since February of Bulgari, the Italian jeweler that LVMH added to its stable of brands in 2011.

Burke served as CEO of Christian Dior USA from 1986 to 1993, when he took charge of Louis Vuitton North America, becoming deputy CEO of Christian Dior Couture worldwide in Paris in 1997.

December 19, 2012

Luxury group LVMH announced that Louis Vuitton’s new CEO has resigned suddenly, citing a “significant health issue” as the reason for the departure.

New York -- Luxury group LVMH announced Tuesday that Louis Vuitton’s new CEO has resigned suddenly, citing a “significant health issue” as the reason for the departure.

Jordi Constans would be replaced by Michael Burke, CEO since February of Bulgari, the Italian jeweler that LVMH added to its stable of brands in 2011.

Burke served as CEO of Christian Dior USA from 1986 to 1993, when he took charge of Louis Vuitton North America, becoming deputy CEO of Christian Dior Couture worldwide in Paris in 1997.

March 9, 2011

LVMH announced the appointment of longtime Procter & Gamble veteran Christopher de Lapuente as global president and CEO of Sephora, effective March 31, 2011.

Paris -- LVMH announced the appointment of longtime Procter & Gamble veteran Christopher de Lapuente as global president and CEO of Sephora, effective March 31, 2011.

Lapuente joined P&G in 1983. He spent the whole of his career within the company, and in 2004, he was appointed president, the youngest ever in P&G history.

 

 

March 7, 2011

A report released Monday by Reuters said that French luxury group LVMH will acquire Italian luxury jeweler Bulgari for $5.2 billion.

Paris -- A report released Monday by Reuters said that French luxury group LVMH will acquire Italian luxury jeweler Bulgari for $5.2 billion.

The offer, according to the report, is a 60% premium to Bulgari’s average share price, and indicates that the bounce-back of the luxury market could occur at a faster rate than Wall Street anticipated.

Rival bidders included the Richemont group and PPR, according to Reuters.

October 4, 2009

Workforce management solution provider Infor announced Monday that Sephora has completed its full deployment of...

December 31, 2007

As chairman and CEO of LVMH, Bernard Arnault, 58, heads a global empire that...

December 31, 2007

As chairman and CEO of LVMH, Bernard Arnault, 58, heads a global empire that...