19 Dec '12, 10am

The CEO of @LouisVuitton has been forced to step down to to ill health:

"I have worked with Michael Burke for many years. He has enormous experience in our business and knows Louis Vuitton well," stated Arnault. "He is a seasoned leader with a well-rounded profile, pragmatic, multicultural and modern. He has excellent skills in motivating his teams. I am convinced that he is the right leader for Louis Vuitton's future; he will build on the initiatives launched by Jordi Constans, bringing the vision and drive to continue advancing Louis Vuitton's leadership position in luxury."

Full article: http://fashion.telegraph.co.uk/columns/bibby-sowray/TMG97...

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