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LVMH Taps Michael Burke to Lead Americas Business Amid Trade Uncertainty

LVMH Taps Michael Burke to Lead Americas Business Amid Trade Uncertainty

Louis Vuitton owner LVMH MC 1.54%increase; green up pointing triangle named Michael Burke as chairman and chief executive of its Americas division, sharpening its focus on the region at a time when the luxury sector navigates waning demand and President Trump's tariffs.
The appointment, set to bolster the group's presence in North and South America in a complex period for trade and geopolitics, reflects LVMH's ambition to further invest in the region in coming years, according to a company memo seen by The Wall Street Journal. Burke, who has already take on his new role, will report to Stephane Bianchi, LVMH's managing director.
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