Source: WWD
Summary
François Kohler has been appointed as the new CEO of Loro Piana, a luxury goods company owned by the LVMH group. Kohler has worked at LVMH since 2008 and was previously the CEO of Loro Piana’s menswear division. He succeeds Fabio d’Angelantonio, who is leaving the company. Kohler’s appointment is effective immediately.
Our Reading
The trend returns with a new name.
CEO appointments at luxury brands often feel like a game of musical chairs, with executives rotating through various roles and companies. François Kohler’s move to the top spot at Loro Piana is a prime example. Kohler’s 13-year tenure at LVMH makes him a familiar face in the industry. The appointment is a testament to the group’s tendency to promote from within. Luxury brands often prioritize continuity over outside perspectives. Kohler’s experience in menswear will likely influence Loro Piana’s future collections.
Author: Evan Null
