1358 GMT- LVMH Moet Hennessy Louis Vuitton is among the most mentioned companies across news items over the past 12 hours, according to Factiva data, after it announced a leadership reshuffling which included naming new heads for its fashion brands Dior and Louis Vuitton. Pietro Beccari, who has led Christian Dior Couture for the past five years, is now becoming chief executive and chairman of Louis Vuitton, while Delphine Arnault, daughter of LVMH's Chief Executive Bernard Arnault, was named CEO of Dior. Mr. Beccari is replacing Michael Burke, who is going to take on a new role reporting directly to Bernard Arnault, the company said. Other management changes include Charles Delapalme becoming managing director of Dior, the luxury conglomerate said. Dow Jones & Co. owns Factiva. (cecilia.butini@wsj.com)

 

(END) Dow Jones Newswires

January 11, 2023 09:25 ET (14:25 GMT)

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