{"id":162944,"date":"2025-03-31T09:31:54","date_gmt":"2025-03-31T07:31:54","guid":{"rendered":"https:\/\/luxus-plus.com\/?p=162944"},"modified":"2025-04-18T17:39:03","modified_gmt":"2025-04-18T15:39:03","slug":"lvmh-reorganizes-governance-of-la-samaritaine-and-le-bon-marche","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/lvmh-reorganizes-governance-of-la-samaritaine-and-le-bon-marche\/","title":{"rendered":"LVMH reorganizes governance of La Samaritaine and Le Bon March\u00e9 "},"content":{"rendered":"

The world’s number one luxury goods group LVMH has announced the establishment of joint governance for its two prestigious Paris department stores : La Samaritaine and Le Bon March\u00e9. The move is part of a strategy to give \u201cnew impetus\u201d to the iconic Samaritaine, which, following its reopening in 2021, is looking to overcome footfall challenges, not least due to the decline in Chinese tourists to Paris.<\/h4>\n

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The single governance structure, established under the chairmanship of Patrice Wagner<\/strong>, current CEO of Le Bon March\u00e9<\/strong>, is in line with the group’s desire to strengthen synergies between its two houses, while preserving their respective identities. Patrice Wagner will now oversee both Le Bon March\u00e9 and La Samaritaine, an organization designed to ensure continuity while adding a new dynamic.<\/p>\n

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Catherine Newey<\/strong>, previously General Manager of la Samaritaine<\/strong>, will retain this position while taking on new responsibilities as Deputy General Manager of the Le Bon March\u00e9 group. This dual role is intended to create a more fluid bridge between the two stores, enabling La Samaritaine to be better integrated into the group while meeting its specific needs.<\/p>\n
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