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Louis Vuitton readies next generation

Louis Vuitton executive Pierre-Emmanuel Angeloglou is transitioning to join the LVMH fashion group, under the leadership of Michael Burke, in a move aimed at grooming the next generation of leaders for the luxury conglomerate. Angeloglou, 49, previously reported to Burke during his tenure at Louis Vuitton. Burke, 67, assumed control of the LVMH fashion group earlier this year, overseeing brands like Celine and Loewe. LVMH’s efforts to prepare future leaders align with billionaire Bernard Arnault’s strategy, as he approaches 75 and will remain CEO until he turns 80, according to LVMH statutes.

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