Pierre-Yves Roussel (born November 7, 1965) is CEO of Tory Burch LLC, a role he assumed in 2019.[1] He was previously the chairman and chief executive officer of LVMH Fashion Group and a member of the LVMH Executive Committee before moving into an advisory role at the luxury conglomerate in 2018.[2][3][4]

Pierre-Yves Roussel
Born (1965-11-07) November 7, 1965 (age 59)
Paris, France
Other namesPYR
Alma mater
Occupation(s)CEO, Tory Burch LLC
Years active1990–present
Spouse
(m. 2018)
Children3

Early life and education

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Roussel was born in Paris, France. He graduated from ESCP Europe with a degree in Economics.[5] He has a postgraduate degree from Brussels University (Solvay Business School), which he earned during the time he worked at Crédit Commercial de France in Brussels.[6] Roussel has an MBA from Wharton Business School – University of Pennsylvania.[6]

Career

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He began his career as a financial analyst at Crédit Commercial de France, now known as HSBC France after obtaining an MBA from Wharton, he joined the consulting firm McKinsey & Company, where he had increasing responsibilities (France, New York, Hong Kong, Japan) before being elected partner in 1998, and then senior partner in 2004.[6]

In 2004, Roussel joined the LVMH executive committee as executive vice president, strategy and operations. In 2006, he was named chairman and chief executive officer of LVMH Fashion Group, which includes Berluti, Céline, Donna Karan, DKNY, Givenchy, Kenzo, Loewe, Marc Jacobs, Pucci, Nicholas Kirkwood, Louis Vuitton, and J. W. Anderson.[6]

Pierre-Yves Roussel successfully repositioned and developed several fashion houses within LVMH[7][8] by appointing and collaborating with very talented Artistic Directors:[9] Riccardo Tisci at Givenchy, Phoebe Philo at Céline,[10] Carol Lim and Humberto Leon at Kenzo, J. W. Anderson at Loewe and, in 2015, Dao Yi Chow and Maxwell Osborne at Donna Karan[11]

Memberships

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Personal life

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Roussel has three children from his first marriage.[6]

In January 2016, it was announced that Roussel is engaged to fashion designer Tory Burch, whom he had been dating since June 2014,[15][16] and married in 2018.[17]

References

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  1. ^ "Pierre-Yves Roussel CEO". The Business of Fashion.
  2. ^ "Tory Burch Names Pierre-Yves Roussel CEO". The Business of Fashion.
  3. ^ "Pierre-Yves Roussel, LVMH Fashion Group". LVMH. Retrieved 4 January 2016.
  4. ^ "Pierre-Yves Roussel". The Business of Fashion. Retrieved 4 January 2016.
  5. ^ "Pierre-Yves Roussel, Fashion Alchemist". The Business of Fashion. 2014-10-06. Retrieved 2016-01-26.
  6. ^ a b c d e Sibony, Olivier; Tochtermann, Thomas (Summer 2014). "'The business of creating desire': An interview with the CEO of LVMH Fashion Group" (PDF). Perspectives on Retail and Consumer Goods (3). McKinsey & Company: 20–25. Retrieved 4 January 2016.
  7. ^ "Roussel to the Rescue – AUSTRALIAN FINANCIAL REVIEW – Marion Hume". Marion Hume. Retrieved 2016-01-26.
  8. ^ "'The business of creating desire': An interview with the CEO of LVMH Fashion Group". www.mckinsey.com. Retrieved 2016-01-26.
  9. ^ Bizet, Carine (21 October 2013). "Les géants du luxe misent sur les jeunes créateurs". Le Monde (in French).
  10. ^ Chapuis, Dominique (31 January 2013). "Céline s'affirme comme la nouvelle pépite de LVMH". Les Échos (in French).
  11. ^ Friedman, Vanessa (29 April 2015). "DKNY Names 2 Creative Directors and Also Poaches From Apple". The New York Times.
  12. ^ "ANDAM". ANDAM. Archived from the original on 2014-08-30.
  13. ^ "Assemblée Générale / Fédération Française de la Couture". Mode à Paris (in French). 1 July 2014. Retrieved 6 January 2016.
  14. ^ "Marques'Almeida, lauréats du prix LVMH 2015". Vogue (in French). 2015.
  15. ^ Payer, Allyson. "Tory Burch Is Engaged to LVMH CEO Pierre-Yves Roussel". The Hollywood Reporter. Retrieved 2016-01-26.
  16. ^ Friedman, Vanessa (2016-01-04). "Tory Burch and Pierre-Yves Roussel Become Fashion's Newest Power Couple". The New York Times. ISSN 0362-4331. Retrieved 2016-01-26.
  17. ^ Friedman, Vanessa (2018-12-11). "When Your New C.E.O. Is Also Your New Husband". The New York Times. ISSN 0362-4331. Retrieved 2024-03-22.