LVMH’s Michael Burke is moving to New York to take on the new role of chairman and CEO of LVMH Americas.
Burke, who formerly served as chief executive of Louis Vuitton and then was tapped to lead LVMH Fashion Group in Jan. 2024, will be tasked with “representing and promoting the best interests of the group in North and South America, in a complex and evolving geopolitical period,” LVMH said in a statement.
Anish Melwani, chairman and CEO of LVMH Inc. (North America) and Davide Marcovitch, president of LVMH Latin America, will report to Burke, who has also been appointed non-executive chairman of Tiffany & Co.’s board of directors.
Burke has worked with LVMH chairman and controlling shareholder Bernard Arnault since the 1980s, before LVMH was formed, and has held a variety of roles throughout its expansion, including at Christian Dior, Louis Vuitton, Fendi and Bulgari. In May 2024, BoF reported he had stepped back from his role overseeing LVMH’s fashion group, four months after taking the helm from Sidney Toledano.
The US market has become increasingly important for the luxury industry as growth stalled in China and other key geographies following the pandemic; A quarter of LVMH’s €84.7 billion in revenue came from the US in 2024. Back in January, Arnault pegged hopes of a fast recovery on the strength of the US market, which has become a more complicated operating environment amid the still-evolving threat of tariffs from the Trump Administration.
WWD was first to report the news.
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Former Louis Vuitton CEO Michael Burke is stepping back from overseeing LVMH’s sprawling Fashion Group just four months after he was named the unit’s chief executive, BoF has learned.
