Company comments: “The group thanks De Rosa for his contribution to the development and influence of this strategic entity, dedicated to preserving and developing the exceptional know-how that forms the group’s artisanal heritage,” LVMH Group said in a statement.
November 2025
Francis Belin named Mytheresa CEO
Background: A spree of leadership changes following April’s regulatory clearance of LuxExperience’s Yoox Net-a-Porter (YNAP) acquisition has resulted in a new CEO for the Mytheresa brand. Michael Kliger, who has been CEO of both the newly formed parent group and its first born, Mytheresa, will now pass leadership of the latter on to Francis Belin. Belin brings a deep understanding of the global high-net-worth customer, most recently having served as Asia-Pacific president of Christie’s. At the luxury auction house, Belin oversaw high-end and Asian art, while cementing Christie’s position as a global market leader in the burgeoning auction space. He has also held roles at Richemont and McKinsey & Co.
Mytheresa’s net sales were up 12.2% year-on-year to €216.6 million in the first quarter of fiscal 2026. Belin will be tasked with furthering the success and global expansion built by Kliger over the last decade. Kliger will continue to lead strategy across all LuxExperience brands — Mytheresa, Net-a-Porter, Mr Porter and Yoox.
Effective: January 1, 2026.
Company comments: “I am extremely delighted to appoint Francis Belin as the new Mytheresa CEO. With Francis, we have found an exceptional leader, who is renowned for his customer-centric focus, global mindset, delivery of excellent results and collaborative leadership style. I am looking forward to supporting Francis as he leads the next chapter for the Mytheresa business,” Kliger said in a statement.
Johnny Coca exits Louis Vuitton
Background: Spanish designer Johnny Coca, who started his career at Louis Vuitton, is exiting the French heritage house. His résumé includes stints at Michael Kors, Celine and Mulberry, the latter of which he was creative director between 2015 and 2020. He returned to Louis Vuitton in 2020, as director of women’s fashion leather goods and accessories.