Louis Vuitton’s new CEO has quit suddenly from the helm of luxury group LVMH’s top brand because of health reasons, LVMH said on Tuesday.
The world’s largest luxury company said Jordi Constans would be replaced by Michael Burke, CEO since February of Bulgari, the Italian jeweller that LVMH added to its stable last year.
LVMH said Constans’ sudden departure after less than a month was due to the discovery of a "significant health issue which requires that Mr Constans focus on this priority".
(Source: CNBC)