LVMH Carries Out Major Executive Shakeup

Sidney Toledano leaves Dior after two decades to head LVMH Fashion Group.

By
Fashion
2,519 Hypes 0 Comments

LVMH, one of fashion’s largest conglomerates, has announced a round of executive shifts. The changes influence decision-making at Fendi, Dior and the LVMH Fashion Group.

In Januray 2018, the LVMH Fashion Group’s chairman and chief executive, Pierre-Yves Roussel, will become a special advisor to Bernaud Arnault, LVMH’s chairman and chief executive. Meanwhile, Sidney Toledano, Christian Dior Couture chief executive, will replace Roussel, with Fendi chief executive Pietro Beccari taking over Toledano’s role.

Arnault cites Beccari’s arrival as “a new era” for Dior, stating “He will be an excellent leader who will steer Dior towards ever greater success in the future.” Elsewhere, Toledano, who was “the driving force behind the huge success of Christian Dior Couture across the world” according to Arnault, will oversee executives at Kenzo, Marc Jacobs, Loewe, Céline and Givenchy.

No replacement for Beccari at Fendi has been announced yet. This round of executive shifts follows on the heels of LVMH’s office relocation in Paris.

Read Full Article

What to Read Next

New 'Hey Arnold!: The Jungle Movie' Trailer Hints at Arnold's Last Name
Entertainment

New 'Hey Arnold!: The Jungle Movie' Trailer Hints at Arnold's Last Name

It’s been speculated for years.

Listen to the New Single from Noah Wood$, "Windows Down"
Music

Listen to the New Single from Noah Wood$, "Windows Down"

Private Club Records taking over.

Diadora's Intrepid Premium Drops In "Castle Rock/Cosmic Blue/Smoke Black"
Footwear

Diadora's Intrepid Premium Drops In "Castle Rock/Cosmic Blue/Smoke Black"

Italian-made quality.


Watch Yung Lean's New Short Film, 'Stranger'
Music

Watch Yung Lean's New Short Film, 'Stranger'

From fugitive to demon to sad clown.

Steven Spielberg Unveils First Trailer for 'The Post' Starring Tom Hanks & Meryl Streep
Entertainment

Steven Spielberg Unveils First Trailer for 'The Post' Starring Tom Hanks & Meryl Streep

The film centers around the publishing of The Pentagon Papers.

Uber Is Introducing Flying Cars to Los Angeles by 2020
Automotive

Uber Is Introducing Flying Cars to Los Angeles by 2020

No more bumper-to-bumper.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.