Tory Burch Names Former LVMH Executive Roussel as Its Next CEO
- Burch will become executive chairman of her namesake brand
- Roussel, who recently married Burch, takes over in early 2019
Tory Burch and Pierre-Yves Roussel
Photographer: Cindy Ord/Getty Images for Bloomberg Businessweek
Fashion label Tory Burch is bringing on Pierre-Yves Roussel, a long-time executive at LVMH, as its new chief executive officer as the brand’s eponymous founder steps down from the role.
Roussel ran the French luxury conglomerate’s fashion businesses, which include such brands as Celine, Givenchy and Loewe, until he left earlier this year. He will step into his new role at the New York-based company in early 2019. Burch and Roussel married a few weeks ago in a private ceremony.