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Loewe names new chairman and board director

Toledano

Spanish fashion house Loewe has recently elected a fresh batch of board members, resulting in a new chairman of the board, and a new director of the board.

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The LVMH-owned Loewe has named Sidney Toledano, currently LVMH Fashion Group chief executive, as chairman of the board. He replaces Pierre-Yves Roussel, who has quit the firm, according to a statement made by Loewe on France’s Bulletin Officiel du Registre du Commerce.

As chairman, Toledano will be charged as an advisor to the brand’s head designer, Jonathan Anderson.

Meanwhile, the creative director and UK designer Anderson has been appointed director of the company’s board of directors, according to Bernard Kuhn, general counsel for LVMH Moët Hennessy Louis Vuitton, as announced at the group’s annual general meeting Thursday.

Both Delphine Arnault and Jaime de Marichalar were re-elected as members of the board, said Loewe.

The move to director bolsters Anderson’s responsibilities and duties at Loewe, having joined the Spanish leather goods firm in 2013.

The board reshuffle comes on the back of several group switch ups, where in November, the group appointed Pietro Beccari as chief executive officer of Christian Dior Couture, thus, succeeding Toledano.

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Founded in 1846, Loewe is currently headquartered in Madrid. The continental luxury brand is present in around 30 countries across the globe, boasting 150 stores and holds subsidiaries in Hong Kong, Shanghai and Tokyo.