Expect another year of rapid growth at LVMH, insisted Bernard Arnault, chairman of LVMH, at the group's AGM. Though he called reports that LVMH executives had held talks with the owners of Chanel “fake news.”
As he greeted editors backstage after the Chanel haute couture show, what was Karl Lagerfeld wearing? But, of course it was a double breasted black tuxedo jacket by Hedi Slimane – the designer of the moment in Paris.
It’s all change at LVMH, where another respected CEO in the extended group is set to leave a thriving fashion house. Simon Whitehouse, the energetic CEO of J.W. Anderson will quit the company at the end of the year.