Pietro Beccari, the chair and CEO of Louis Vuitton has been promoted. Effective January 1, he will take on the role of chair and CEO of the LVMH Fashion Group, which includes Celine, Loewe, Kenzo and Marc Jacobs. He will combine these new responsibilities with his role at Louis Vuitton.Beccari has been leading Louis Vuitton since 2023 .

Damien Bertrand, current deputy CEO of Louis Vuitton, will become a member of the LVMH executive committee. Sidney Toledano who’s currently at the helm of the Fashion Group has decided to step down from his operational role, according to a statement sent on Tuesday.

LVMH chair and CEO Bernard Arnault said in a statement: “I would like to warmly thank Sidney Toledano, who has been by my side for over 30 years and has always been present, in all circumsta

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