Estée Lauder/New Incubation Ventures Shana Randhava, Se […]

Antonio Belloni will step down as CEO and Chairman of the Executive Committee of LVMH Group, to be succeeded by Stéphane Bianchi, current CEO of the Watches and Jewelry division.

Nivea and the Derma division performed well, achieving growth of 18% and 26.9%, respectively.