French luxury house, Louis Vuitton Malletier, also known as Louis Vuitton is witnessing a management change. The chairman of the company, Bernard Arnault has reshuffled top management. Now, Pietro Beccari, who has been the head of Dior since 2018, will replace long-time Louis Vuitton CEO Michael Burke and Bernard has given the job of leading Dior to his loving daughter Delphine Arnault.
According to Credit Suisse analyst, Natasha Brilliant."Both are well respected; logical promotions within the group."