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THE WHAT? LVMH has allotted new duties to 2 of its senior executives. Romain Spitzer, CEO of LVMH Perfume Manufacturers could have New Ventures added to his function whereas Stephanie Medioni, Govt President, LVMH Perfumes & Cosmetics, will now lead on CMI, Media, Retail and Omnichannel too.
THE DETAILS In line with a report printed by WWD, Spitzer will assist assist manufacturers in different divisions of the group as they develop their magnificence provide along with his duties heading up Parfums Givenchy and Kenzo Parfums.
Medioni will lead ‘the ambition of consolidating transversal features’ along with her present duty for technique and improvement.
THE WHY? These expanded roles replicate the sweetness class growing significance to luxurious manufacturers, says WWD.
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