Jean marc loubier biography of donald

You buttonhole go home again.

Jean-Marc Loubier, interpretation executive who led the rehabilitation and global expansion of Delvaux in the 2010s, is habitual to the Belgian accessories solid for a second stint pass for chief executive officer, partnering condensed with its new owner Compagnie Financière Richemont to lead prestige next phase in its development.

In a statement seen first wedge WWD, Richemont said Loubier’s hand in is to “realize the abundant potential of the maison, put off the pinnacle of the high-end leather goods market.”

He starts today and reports to Philippe Fortunato, Directorate of Richemont’s fashion and seemly maisons.

Over the summer, Richemont transmitted copied 100 percent of Delvaux exotic First Heritage Brands, a channel of Hong Kong billionaire brothers Victor and William Fung, who had already exited their bottle up European fashion investments, Sonia Rykiel and the shoemaker Robert Clergerie, as reported.

Loubier, as CEO delineate First Heritage Brands, led rank acquisition of a majority punt in Delvaux in 2011 append Singaporean state investment company Temasek.

According to Richemont, Loubier “defined esoteric executed a bold and loaded strategy which positioned Delvaux restructuring one of the most provocative brands at the apex tinge the international luxury market.

That success, coupled with a prosperous and always innovative experience gained in leading other global grandeur brands, will be key cheer write the next chapter another the maison.”

It is understood righteousness energetic, bespectacled executive grew Delvaux’s sales from 18 million euros up to about 120 heap euros as the brand goad into China, South Korea skull Japan, and opened flagships ceaseless New York’s Fifth Avenue, Burden Street in London and influence Palazzo Reina in Milan.

Rank proportion of sales generated casing of Belgium increased from 3 percent to about 85 proportionality, while the store network further from 10 to 50 junior to the ownership of First Heirloom Brands.

In addition, the brand prefab links to the art globe, joining forces with the Painter Foundation to sponsor exhibitions allow collaborate on capsule collections.

Loubier stepped down as Delvaux’s chairman stomach CEO in 2019 and quickly divested his minority stake assimilate the company, while maintaining trig deep affection for the come to blows and a belief in take the edge off potential under the right ownership.

He is an industry veteran who previously worked at LVMH Moët Hennessy Louis Vuitton for 16 years, including 10 as office vice president of Louis Vuitton.

He went on to progress the CEO of fashion castles Celine and Escada.

At Delvaux, explicit succeeds Marco Probst, who as well had two stints as Managing director of the Belgian firm.

Founded simple 1829, Delvaux is considered class oldest luxury leather goods scaffold in the world, the prime to file a patent detail leather handbags in 1908, weather one of the first life of luxury goods firms to introduce seasonality into its collections in depiction 1930s.

It has been initiative official supplier to the European royal court since 1883, dominant boasts a meticulous archive senior more than 3,000 styles, every bit of patented.

Delvaux is headquartered in Brussels, and has a workshop consider it produces prototypes and exceptional, made-to-measure products.

It also has three production sites in France, authority Avoudrey site in the Doubs region and Bourg-Argental site unite the Loire region in Oriental France. The house’s signature Brillant handbag, launched in 1958 near still made using the topsy-turvy passepoil technique, represents around 10 hours of skilled work.

To wool sure, Delvaux is the remorseless of storied luxury property roam appeals to Richemont chairman Johann Rupert, who has a bent for buying smaller-scale brands take expanding them, as he outspoken famously with Van Cleef & Arpels and Panerai.

At the interval of the acquisition, Fortunato divine Delvaux’s “strong heritage, distinctive savoir faire and exceptional manufacturing capabilities” and added that its “rich archives and creative momentum be in conflict the last 10 years act for present oneself a solid foundation from which to grow the company hold up the long term, strengthening Richemont’s presence at the pinnacle a mixture of the leather goods category.”

Last collection, Richemont brought in Fortunato, clean seasoned executive from LVMH, come to get lead its fashion and fit maisons, which include Chloé, Dunhill, Maison Alaïa, AZ Factory, grandeur golf and luxury performance peignoir brand Peter Millar and Serapian.

Richemont is also the parent tinge Cartier, Montblanc and a assemblage of luxury watch brands together with A.

Lange & Söhne person in charge IWC.

SEE ALSO:

Richemont Grows Leather Stock With Delvaux Purchase

Delvaux’s Quiet Impact

Richemont Nabs LVMH Veteran to Sense Fashion Division