DFS has a new CEO
Travel-retail specialist DFS, owned by LVMH, has appointed Benjamin Vuchot as its new CEO. Vuchot previously overviewed Asian development at Sephora, after having held various positions at Cartier and Van Cleef & Arpels, always in Asia. DFS posted a turnover of €4,01bn in 2019, and belongs to LVMH’s selective retailing division, which posted a loss of 32% on the fist semester of 2020, to €4,84bn.
DFS is managing the Samaritaine department store, which is set to reopen in Paris early 2021.
LVMH’s DFS Group Names Benjamin Vuchot Chairman, CEO
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