LVMH expands two key beauty leadership roles
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LVMH expands two key beauty leadership roles

THE WHAT? LVMH has allocated new responsibilities to two of its senior executives. Romain Spitzer, CEO of LVMH Fragrance Brands will have New Ventures added to his role while Stephanie Medioni, Executive President, LVMH Perfumes & Cosmetics, will now lead on CMI, Media, Retail and Omnichannel too.

THE DETAILS According to a report published by WWD, Spitzer will help support brands in other divisions of the group as they develop their beauty offer in addition to his duties heading up Parfums Givenchy and Kenzo Parfums.

Medioni will lead the ambition of consolidating transversal functions in addition to her current responsibility for strategy and development.

THE WHY? These expanded roles reflect the beauty category increasing importance to luxury brands, says WWD.