LVMH appoints new head of leather and fashion
The French fashion house,LVMH (Moët Hennessy Louis Vuitton SA), has replaced the head of its leather and fashion division.
The new man is senior LVMH executive Yves Carcelle, replacing Marcello Bottoli in the role. Carcelle says his immediate priority will be to develop the Louis Vuitton luggage brand in emerging markets and continue its diversification into new product areas: a range of Louis Vuitton watches was launched in September.