Beccari succeeds Sidney Toledano, who is stepping down from his operational duties after more than 30 years working closely with Bernard Arnault. Toledano will remain with the group as Arnault’s Special Advisor.

The move places many of LVMH’s major fashion brands, including Céline, Loewe, Fendi, Givenchy, Kenzo, Pucci, Patou and Marc Jacobs, under Beccari’s supervision, consolidating leadership amid a challenging market environment.

The group has confirmed that as part of the reshuffle, Damien Bertrand, currently Deputy CEO of Louis Vuitton, will join the LVMH Executive Committee to support Beccari as he balances his dual roles.

This leadership shake-up marks a strategic attempt by LVMH to streamline decision-making and reinforce cohesion across its fashion maisons, at a time when the group’s Fashion & Leather Goods division has faced headwinds.

Moreover, Italian luxury executive Matteo De Rosa has stepped down as CEO of LVMH’s Métiers d’Art division, a role he has held since 2021, with his departure occurring on October 17 2025 – though this was only recently disclosed. Métiers d’Art, created to secure premium raw materials and preserve artisanal craftsmanship for the LVMH group, thanked him for his work in growing and strengthening the unit’s influence. LVMH said Ludovic Pauchard will oversee the division and will announce De Rosa’s successor in due course. Before joining LVMH, De Rosa held leadership roles including President of Dries Van Noten and Fashion Director at Kennedy. At Métiers d’Art, he managed key material supply chains such as leather, exotic skins and metal components.