Louis Vuitton CEO steps down after only 1 month

Louis Vuitton CEO steps down after only 1 month

Michael Burke is the new CEO of the French luxury chain Louis Vuitton, after health issues forced his predecessor, Jordi Constans, to step down. Constans had only been in charge for thirty days.

Transforming Fendi

Michael Burke (55) has been working at Louis Vuitton owners LVMH for almost thirty years, starting his career at Christian Dior USA. Until last February, he had been overseeing the integration and transformation of Fendi from a new acquisition in 2003 to LVMH's second fashion brand now. Since then, Burke had been working at another LVMH luxury brand, Bulgari.

 

Jordi Constans had been working towards being Louis Vuitton's CEO for a long time: his legendary predecessor Yves Carcelle had personally lured him away from French food giant Danone and prepared him to be his successor, but after just one month Constans already had to abdicate his throne in favour of Burke.

 

 

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