LVMH Carries Out Major Executive Shakeup

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 Toleda...