LVMH appoints Anthony Ledru CEO at Tiffany

LVMH Moët Hennessy Louis Vuitton SE, the world’s leading luxury products group, has announced the appointment of Anthony Ledru as the new chief executive officer of Tiffany. LVMH also completed the acquisition of Tiffany & Co, the global luxury jeweller which will transform LVMH’s watches & jewellery division and complement LVMH’s 75 distinguished Maisons.

 

Ledru was previously executive vice president, global commercial activities and formerly senior vice president of North America at Tiffany.

 

“I am pleased to welcome Tiffany and all their talented employees in our group. Tiffany is an iconic brand and a quintessential emblem of the global jewellery sector. We are committed to supporting Tiffany, a brand that is synonymous with love and whose Blue Box is revered around the world, with the same dedication and passion that we have applied to each of our prestigious Maisons over the years. We are optimistic about Tiffany’s ability to accelerate its growth, innovate and remain at the forefront of our discerning customers’ most cherished life achievements and memories. I would like to thank Alessandro Bogliolo and his team for their dedication to Tiffany and their work over the past three years, especially during this challenging period,” Bernard Arnault, chairman and chief executive officer of LVMH, said in a press release.

 

“I am delighted to re-join Tiffany, the most iconic American luxury brand which I have long admired. The inclusiveness and optimism upon which Tiffany was founded resonate now more than ever. I also come back to a Maison that is at the forefront of the environmental and sourcing standards in its industry. Going forward, I have deep confidence in LVMH’s commitment to protect the brand, drive its growth strategy and apply the highest standards of retail excellence to Tiffany,” Anthony Ledru, chief executive officer of Tiffany, said.