Pierre-Emmanuel Angeloglou appointed CEO of Fendi, LVMH’s Italian Luxurious Model

by time news

2024-05-27 16:55:13

Pierre-Emmanuel Angeloglou was appointed CEO of the Italian model Fendi, which is owned by the LVMH group, on June 1, we realized on Monday from the primary luxurious firm on the earth.

(AFP/CHARLY TRIBALLEAU)

Mr. Angeloglou due to this fact succeeds Serge Brunschwig who, after six years as CEO of Fendi, will tackle “new obligations inside the LVMH group that might be introduced quickly”, in response to a press launch from LVMH confirming info from the specialised web site Ladies’s Put on Day by day (WWD).

Pierre-Emmanuel Angeloglou remains to be the final director of LVMH Vogue Group, a division that brings collectively among the group’s manufacturers (Céline, Givenchy, Loewe, Kenzo, Marc Jacobs, Patou, Pucci and Rossimoda).

Bernard Arnault, CEO of LVMH, “want to thank Serge (Brunschwig) for his contribution to the numerous development of Fendi since 2018”.

LVMH hardly ever discloses the turnover of its 75 manufacturers (Louis Vuitton, Dior, Celine, Guerlain, and so forth.). Through the annual outcomes presentation in January, Bernard Arnault indicated that “Fendi was persevering with its momentum”.

“Vuitton, Dior, Celine, Fendi, and so forth. the following development drivers for trend leather-based items, so as of significance.”, mentioned LVMH finance director Jean-Jacques Guiony throughout a convention name with monetary analysts.

The model Fendi was created in 1925 in Rome. In 1965, she recruited Karl Lagarfeld, who was a younger German designer on the time. He created the model’s brand, two upside-down Fs, and remained creative director till his demise in 2019. In 2001, LVMH grew to become the bulk shareholder of the model.

#Fendi #LVMH #model #CEO

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