PARIS – LVMH Moët Hennessy Louis Vuitton is preparing to call a latest head of its Fashion Group division as Sidney Toledano transitions into one other role on the French luxury group, chairman and chief executive officer Bernard Arnault said Thursday.
Speaking on the annual general meeting of shareholders, Arnault thanked Toledano for his leadership during a profession at LVMH spanning almost three a long time, first at Christian Dior and since 2018 as head of the LVMH Fashion Group, which oversees brands including Celine, Loewe, Givenchy, Kenzo, Marc Jacobs and Pucci.
“I desired to underline the exceptional job he has done. He’s not leaving. No, he'll tackle one other role,” Arnault said.
“We'll proceed to work together in a unique framework. I...
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