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LVMH CEO Arnault: Ask me again in 10 years about succession plans 

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LVMH CEO Arnault: Ask me again in 10 years about succession plans 


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Reuters

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December 17, 2025

LVMH CEO Bernard Arnault said he was hoping he would be able to make another ten years when asked about his succession ⁠plans for the world’s biggest luxury group. 

Reuterss

“Talk to ⁠me again in 10 years, I can give you a more ‍precise ‌answer,” Arnault, 76, told broadcaster CNBC ⁠in an ‌interview, referring to his ‌latest mandate extension, approved by shareholders earlier this year. 
“I hope … that I will make these ‍10 years,” he said. 

Commenting on the role of his five ‌children ⁠at ​the family-controlled luxury giant, ⁠Arnault ​gave little insight on who could take over the ​helm. 
“For getting responsibility, they have to merit the responsibility ⁠and to ⁠prove they can do it,” Arnault said. 

© Thomson Reuters 2025 All rights reserved.



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Free People to relocate West End store, will also debut in Scotland

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Free People to relocate West End store, will also debut in Scotland


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December 18, 2025

Free People’s London flagship on Regent Street is closing at Christmas, a decision that sees the US lifestyle brand relocating to a new 4,550 sq ft space on nearby Argyll Street. 

Free People

Targeting an opening date sometime in the spring, the new flagship promises to offer an “elevated retail experience”.

Free People, which is owned by Philadelphia-based retail giant Urban Outfitters Inc, is also planning to open a new store in Edinburgh in January, becoming its first store in Scotland.

Free People managing director of International, Chris Worthington, said: “The UK is the cornerstone of our international growth strategy, and we are thrilled with the response from our British customer base.

“As we evolve our physical footprint, our focus is increasingly on finding unique locations that allow us to immerse our customers in the Free People brand experience.”

He added: “We’re prioritising locations that give us the creative flexibility to design compelling, distinct zones that allow us to tell our complete brand story in a more dynamic and expansive way.”

Argyll Street will join four other Free People London stores (Covent Garden, King’s Road, Shoreditch and Hampstead) plus Richmond in Greater London.

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French menswear season to feature 35 shows, with two Paris debutantes, and Balenciaga return

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French menswear season to feature 35 shows, with two Paris debutantes, and Balenciaga return


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December 18, 2025

This January’s French menswear catwalk season will feature 35 live shows, including two Paris debutantes, and at least 32 presentations, including a surprise return by Balenciaga

Hermes – Fall-Winter2025 – 2026 – Menswear – France – Paris – ©Launchmetrics/spotlight

Scheduled to last six days from Tuesday, January 20 to Sunday evening, January 25, the season will welcome debut Paris shows by two noted young brands: Jeanne Friot and Magliano, according to the official calendar released Thursday by the Federation de la Haute Couture et de la Mode (FHCM), French high fashion’s governing body.
 
Though the season’s most anticipated shows will be the debut of Grace Wales Bonner at Hermès, the return of Jacquemus, and the second menswear collection by Jonathan Anderson for the house of Dior. However, the house of Saint Laurent, notorious for its erratic show dates, has gone missing again from the French calendar, after showing last June.

In terms of new arrivals, Jeanne Friot is a gender-neutral brand based in Paris founded by Friot in 2020. A graduate of the Duperré School and then the Institut Français de la Mode in 2018, Friot cut her teeth at several fashion houses, including Balenciaga. Her show will open the season on Tuesday morning, in a busy opening day which finishes with Pharrell Williams’ fifth runway collection for Louis Vuitton.
 
Luca Magliano is a Bologna-born creator who first received recognition at the Who Is On Next? menswear awards in 2017. Six years later, Magliano nabbed the coveted Karl Lagerfeld award at the 2023 LVMH Prize. Last January he staged a dramatic show in Florence as Pitti’s guest designer, in a skilful and dramatic display that cleverly combined gender fluidity and quirky Italian tailoring.
 
Though the season’s hottest ticket will be Wales Bonner’s opening act at Hermès with a Saturday evening show, where she succeeds Veronique Nichanian after a three-decade-plus tenure. Jacquemus will climax the menswear season with the final show on Sunday night.
 
Anderson’s second Dior Homme menswear show will be staged on Tuesday afternoon, which ends with an evening show by Alexandre Mattiussi for his line Ami.
 
Balenciaga, which had previously presented menswear mainly in co-ed shows under designer Demna, will try out a novel format under his successor Pierpaolo Piccioli. The house will unveil its menswear online on January 15, when most buyers and press will be attending the Pitti menswear salon in Florence, before physically unveiling the collection on January 20 in its historic Paris HQ.
 
Elsewhere, Paris will also welcome back inventive perennials like Yohji Yamamoto, Comme des Garçons, Junya Watanabe, and Rick Owens. And feature shows by happening labels such as Willy Chavarria, Kidsuper, Sacai, 3. Paradis, and Kolor.
 
As noted, the house of Loewe has decided not to stage a runway show in the next menswear season in Paris in January. Instead, it will combine menswear and womenswear into a co-ed show during the next women’s ready-to-wear season in the French capital in March. While J.W. Anderson, the house of Loewe’s former designer Jonathan Anderson, who decamped to Dior, will also not stage a runway event.
 
In a busy week, four fresh arrivals will hold presentations: ERL by Eli Russell Linnetz from Los Angeles; Saudi label Kml; eco-friendly brand Sonia Carrasco; and Japanese minimalist label ssstein. While three other labels return after brief hiatuses: Charles Jeffery Loverboy, Maison Kitsuné, and Post Archive Faction (PAF).
 

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Bulgari appoints Laura Burdese as new CEO

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Bulgari appoints Laura Burdese as new CEO


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December 18, 2025

Bulgari has named Laura Burdese, a 10-year veteran of LVMH, to be the famed jewellery brand’s CEO, though her appointment is only effective from July 1, 2026. Burdese succeeds Jean-Christophe Babin and will report to Stéphane Bianchi. 

Laura Burdese is Bulgari’s new CEO – Bulgari

 
“I am very proud of this smooth transition from one great leader to another. For the past three years, Laura and Jean- Christophe have worked side by side to sustain and orchestrate the brand elevation of the iconic Roman jewellery Maison. The nomination of Laura, while opening a new chapter for Bulgari, is a tribute to her strong contribution and accomplishments,” said Stéphane Bianchi, LVMH group managing director and CEO of LVMH watches and jewellery, in a release. 
 
Burdese began her career in the LVMH Group as CEO for Acqua di Parma, before joining Bulgari in 2022 as chief marketing officer. After leading the brand transformation and elevation over recent years, she was promoted to deputy CEO in July 2024. 

“Jean-Christophe has shaped the success of TAG Heuer and Bulgari while creating unique paths within their respective industries. I am confident that in his new missions, he will bring the same energy and keep on supporting LVMH and its maisons thanks to his extraordinary vision,” Bianchi added in a release.
 
Babin will step down as CEO of Bulgari after more than 25 years in the giant luxury group, first at TAG Heuer and then at Bulgari. Under his leadership, the maison underwent a profound transformation, reclaiming its unique position as the quintessential Roman high jeweller. He also spearheaded Bulgari’s advancements in watchmaking and expanded Bulgari into the luxury hospitality industry with new hotels in major global cities. 
 
Babin also demonstrated a strong commitment to Italian craftsmanship, evidenced by the inauguration of a new factory extension in Valenza and the launch of the Scuola Bulgari. Babin will continue to serve as chairman of the Bulgari Board, CEO of the Bulgari Hotel Business Unit, and president of the Bulgari Foundation. He will also report to Bianchi.
 
Burdese started her career in the beauty industry, holding brand management positions at Beiersdorf and L’Oréal. In 1999, she joined the Swatch Group as marketing director Italy, before doing management stints at Klein Watch and Jewelry and Swatch Group’s Italian subsidiary. In addition to this role in 2012, she was named president and CEO of Calvin Klein Watch & Jewelry Co. Ltd. 
 
In October 2016, she joined LVMH as president and CEO of Acqua di Parma. In 2022, Burdese was appointed vice president of marketing and communications at Bulgari, before being appointed deputy CEO in 2024. She holds a degree in International Economics from the University of Trieste and a Master’s degree in Marketing and Communication. 
 
 

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