A few days before the publication of second quarter results, LVMH (2024 revenue: 84.68 billion euros, down by 2%) appointed Michael Burke as C.E.O. for North America (25% of annual revenue) and South America (13%). Burke led the fashion business from 2024 (including Kenzo, Celine, Givenchy, Loewe and Marc Jacobs) and has also been appointed Non-Executive Chairman of the Executive Committee of Tiffany.
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