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Report: LVMH appoints Fendi chairman, CEO

LVMH Moët Hennessy Louis Vuitton SE appointed Serge Brunschwig as Fendi chairman and CEO as part of its internal shuffle, Reuters reported Feb. 20, citing a company statement.

According to the news site, Brunschwig will succeed Pietro Beccari, who will become chairman and CEO of the Christian Dior Couture unit.

The luxury group added that Brunschwig will report to LVMH Group Managing Director Toni Belloni, Reuters said.