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Michael Burke and Sidney Toledano: “For LVMH to endure over generations, we must trust men like us”

2024-01-18T16:16:48.054Z

Highlights: Michael Burke succeeds as CEO of the LVMH Fashion Group. Sidney Toledano becomes advisor to Bernard Arnault. Celine has crossed two billion euros in turnover, Loewe and Marc Jacobs in very strong growth. Other gems within it, the promising Givenchy, Kenzo, Patou and Pucci, and now the beautiful Italian house Fendi. “Apostle of long time, craftsmanship, creativity and excellence’, as he defines himself… This article is reserved for subscribers. You have 93% left to discover.


EXCLUSIVE - They each, one at Christian Dior, the other at Louis Vuitton, accompanied Bernard Arnault in the rise of the world's number one luxury brand. On February 1, Sidney Toledano will hand over the presidency of the LVMH Fashion Group to Michael Burke. Meeting between two traveling companions...


One is 66 years old, an American accent, a sense of the punchline, and to his credit the historic rise of Louis Vuitton from 2012 to 2023. The other is 72 years old, tunes by Lino Ventura, the sense of happiness, and resurrected the golden age of the house of Dior from 1998 to 2018. Michael Burke, the first, succeeds as CEO of the LVMH Fashion Group to the second, Sidney Toledano, who becomes advisor to Bernard Arnault.

A transfer of power which is in no way trivial or purely honorary, the Fashion Group counting, in a highly strategic manner, the flagships Celine which has crossed two billion euros in turnover, Loewe (around one billion euros) and Marc Jacobs, in very strong growth under the presidency of Sidney Toledano over the last six years.

Other gems within it, the promising Givenchy, Kenzo, Patou and Pucci, and now the beautiful Italian house Fendi.

“Apostle of long time, craftsmanship, creativity and excellence 

”, as he defines himself…

This article is reserved for subscribers.

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Source: lefigaro

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