PARIS--(BUSINESS WIRE)--LVMH, the world’s leading luxury group, announces the appointment of Christopher de Lapuente as Global President and CEO of Sephora, effective March 31, 2011.
All regions worldwide will report to him. For European operations he succeeds Jacques Levy. Bernard Arnault wishes to acknowledge Mr. Levy's remarkable leadership of Sephora following his decision to retire.
Christopher de Lapuente will also be a member of the LVMH Executive Committee. In this capacity, he will take on additional responsibilities within the Group.
David Suliteanu, who leads Sephora USA, will continue to drive its spectacular growth in the Americas.
Commenting on this new organization, Bernard Arnault added: “Joining LVMH as a member of the Executive Committee and head of Sephora, Christopher de Lapuente will bring to the Group a wealth of international experience; his know-how will be a precious asset for the global growth of Sephora and add to the continued success of LVMH”.
A graduate in economics of The University of Buckingham, Christopher de Lapuente who holds dual Spanish and British citizenship, joined Procter & Gamble in 1983. He spent the whole of his career within the Procter & Gamble Group holding positions in the UK, Spain, Turkey, Germany, and Switzerland. In 2004, he was appointed President, the youngest ever in P&G history, with responsibilities for the Hair Care division. Since 2007, he has been one of eight “Group Presidents” in charge of the Global Hair division, the second largest at P&G.
About LVMH
LVMH Moët Hennessy Louis Vuitton is the world's leading luxury goods group. The Group is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Hennessy, Glenmorangie, Ardbeg, Vodka Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Green Point, Cape Mentelle, Newton, Wen Jun. Its Fashion and Leather Goods division includes Louis Vuitton, the world's leading luxury brand, as well as Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti and StefanoBi. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing through DFS, Sephora in Europe and the United States, Le Bon Marché, la Samaritaine and Sack’s. LVMH's Watches and Jewelry division comprises TAG Heuer, Chaumet, Dior Jewelry, Zenith, Fred, Hublot and De Beers Diamond Jewellers Limited, a joint venture created with the world’s leading diamond group.