LVMH Group has named Michael Schriver as LVMH Group President North Asia, effective immediately.
Schriver, for many years one of DFS Group’s most senior executives, has been Louis Vuitton President North Asia since September 2014.
Prior to that he was Chief Operating Officer at DFS, a position he had held since July 2012, having joined the travel retailer in 1998.
LVMH Group Chairman and Chief Executive Bernard Arnault delivered a ringing personal endorsement of the appointment. “I am delighted about Michael’s nomination. It is a strong signal of our determination to invest in our future in Asia and to enhance collaboration across our organisation,” he said.
“I have been working with Michael for over 20 years and have been constantly impressed with his understanding of the business at all levels. I will stay in close contact with him in his new role. His expertise, and the knowledge of the group ecosystem and culture will be strong assets for us.”
LVMH said, “Michael will bring unique value to this role thanks to his 24 years’ of experience in operating across the Asian markets, including key leadership roles at DFS and more recently at Louis Vuitton and Tiffany & Co.
“He has lived through the rapid growth and transformation of Asia over the years, and developed an intimate understanding of the consumer, the distribution, and the broader business environment.”
