Overview
- Effective Jan. 1, 2026, Beccari becomes chairman and CEO of the LVMH Fashion Group while remaining chairman and CEO of Louis Vuitton.
- Sidney Toledano is stepping down from operational duties at the Fashion Group and will stay on as a special advisor to Bernard Arnault, with a transition period planned.
- Damien Bertrand, deputy CEO of Louis Vuitton, will join the LVMH executive committee to support the leadership change.
- The Fashion Group houses brands including Celine, Loewe, Givenchy, Kenzo, Marc Jacobs, Pucci and Patou.
- A prior plan to install Michael Burke in the Fashion Group role did not proceed, and Arnault publicly praised Beccari’s leadership as he takes on the expanded remit.