LVMH has announced the appointment of Pietro Beccari, who has headed Christian Dior Couture since 2018, as CEO of Louis Vuitton, succeeding Michael Burke, who will take up a new position reporting directly to the luxury group's CEO, Bernard Arnault.
Delphine Arnault, Deputy CEO of Louis Vuitton, responsible for overseeing all product activities, since 2013, succeeds Pietro Beccari as CEO of Christian Dior Couture.
Charles Delapalme, deputy CEO of Christian Dior Couture, in charge of overseeing commercial activities since 2018, has been appointed deputy CEO of Christian Dior Couture.
Stéphane Bianchi, CEO of the Watches & Jewelry division, will now also oversee Tiffany and Repossi, which join this division. All these changes will take effect on February 1.
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LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury products. Net sales break down by family of products as follows:
- fashion and leather items (48.9%): brands such as Louis Vuitton, Kenzo, Celine, Fendi, Marc Jacobs, Givenchy, etc.;
- watches and jewels (12.8%): Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred brands, Tiffany, etc.;
- perfumes and cosmetics products (9.6%): perfumes (Christian Dior, Guerlain, Loewe, Kenzo brands, etc.), makeup products (Make Up For Ever, Guerlain, Acqua di Parma, etc.), etc.;
- wines and spirits (7.7%): champagnes (Moët & Chandon, Mercier, Veuve Clicquot Ponsardin, Dom Pérignon brands, etc.; No. 1 worldwide), wines (Cape Mentelle, Château D'Yquem, etc.), cognacs (mainly Hennessy; No. 1 worldwide), whisky (mainly Glenmorangie), etc.;
The remaining sales (21%) are from selective distribution through the Sephora, DFS, Miami Cruiseline chains and Le Bon Marché and La Samaritaine department stores.
At the end of 2023, products are marketed via a network of 6,097 outlets located throughout the world.
Net sales are distributed geographically as follows: France (7.9%), Europe (16.4%), Japan (7.3%), Asia (30.8%), the United States (25.3%) and other (12.3%).
LVMH 
