Louis Vuitton Names New CEO
Another industry shake-up to keep the fashion world on their stiletto-clad toes.
"His condition does not allow him to fulfill his duties as ceo,” said Antoine Arnault, a member of the board of LVMH.
Starting immediately (tomorrow), Bulgari's current CEO Michael Burke, will take over at Vuitton.
This is a coming home for LVMH veteran Burke who was President and CEO of Louis Vuitton North America from 1993 to 1997, and since worked at Christian Dior Couture and Fendi before his recent Bulgari stint.