Fashion United: 2012 promises to be a good year for giant of luxury LVMH. With less than one month to finish the year, the French group has announced key changes among its directive board for Bulgari, Louis Vuitton, and Fendi. LVMH said on Monday that Michael Burke, head of Italian fashion brand Fendi, would become chief executive of jeweller Bulgari in February as part of a management reshuffle following its acquisition. 
Meanwhile, Alessandro Bogliolo, Chief Operating Officer of Bulgari, will continue in his current position for a period of transition, before taking over a new assignment within the LVMH Group. As part of the deal completed over the summer, Bulgari Chief Executive Francesco Trapani took over the chairmanship of LVMH's watch and jewellery division and a replacement for him at the helm of the Italian jeweller was expected to be found, recalled Reuters. LVMH, the world's biggest luxury group, also announced that Pietro Beccari, executive vice president, marketing and communications at Louis Vuitton, would become chief executive of Fendi, and his replacement at Vuitton would be announced later. The now ex-Fendi Burke is credited with having turned formerly family-owned Fendi into a tightly run luxury brand, and LVMH will be looking for him to apply the same skills at Bulgari. He started working for the group in the 1980s. His positions within LVMH include president of Dior in the United States and Louis Vuitton North American head as well as Christian Dior Couture chief operating officer.Read Full: Winds of change within LVMH’s executive board - Fashion - news - Fashion News India, jobs, network, apparel, business
