THE WHAT? LVMH has continued the shake-up of its beauty division, with Philippe Farnier named as the Executive Vice President International of Parfums Christian Dior, effective immediately.
THE DETAILS Joining from his role as CEO of Travel Retail LVMH Beauty, Farnier will be responsible for local markets and travel retail of Parfums Christian Dior and will report to Véronique Courtois.
Farnier will succeed Bruno Angibeau and will work alongside Stéphane Rinderknech, chairman and CEO of LVMH’s Beauty Division.
THE WHY? The appointment follows changes at the luxe beauty house’s Perfumes and Cosmetics Division, with Courtois newly heading up Parfums Christian Dior.
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