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Story summary
- Pietro Beccari will become the head of the LVMH Fashion Group on January 1, 2026, succeeding Sidney Toledano, who will remain as an advisor after over 30 years with LVMH.
- Beccari, known for his leadership at Dior, will oversee brands including Celine, Loewe, and Givenchy.
- This transition occurs as LVMH's fashion division faces declining sales in a challenging luxury market.
- Damien Bertrand, Beccari's deputy at Louis Vuitton, will join the executive committee to assist with the leadership change.
