LVMH ITALIA S.P.A.: The latest figures, news and market research on LVMH ITALIA S.P.A.

Turnover: 737 million EUR (2021)

Country: Italy

LVMH Italia is part of the French multinational group and conglomerate LVMH, which operates as a subsidiary based in Milan and retails perfumes and cosmetics through its 16 national boutiques in Italy and through distribution stores such as Sephora.

The company increased its sales by 807.7 million euros in 2016, up 10.5 percent (y/y), and its annual profits from 115.5 million euros to 123.8 million euros (up 7 percent y/y).

News

Lvmh: Belloni steps down as general manager and will be president of Lvmh Italy 22/03/2024

**Toni Belloni**
- - Period in LVMH: more than 23 years
- - Roles: General manager and chairman of the executive committee of LVMH
- - Next role: In charge of some strategic missions and president of LVMH Italy
**Stéphane Bianchi**
- - Date of hire at LVMH: 2018
- - New roles: He will chair the executive committee and lead the group's geographic divisions and digital and data transformation, working in close collaboration with Bernard Arnault. 3.
**Wei Sun Christianson**
- - Proposed Position: Administrator on the board of directors
- - Skills: Financial literacy, knowledge of the luxury market and China
- - Proposed co-option date: April 18 board of directors meeting
**Bernard Arnault**
- - Roles: chairman and chief executive officer of the LVMH Group
- - Comment on Belloni: Describes him as critical to LVMH's success, citing his vision, loyalty, and participation in the group's acquisitions.