See inside the management changes at LVMH.
Sidney Toledano, chairman and chief executive officer of LVMH Fashion Group, is bringing on Sephora executive Guillaume Motte as his new deputy CEO, WWD has learned.
Motte’s position is a new one, and adds management muscle to a tier of brands often overshadowed by LVMH’s powerhouse labels, Louis Vuitton and Dior. LVMH is known for grooming well-rounded executives from within, and has been girding management ranks as the luxury sector grows in size and complexity in the digital, omnichannel and ESG age.
He is a graduate of Ecole Centrale Paris, where Toledano graduated with an engineering degree. Motte also has a master’s degree in economics from Cambridge University and an MBA from French business school Insead.
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