Loewe Hires From Céline

Loewe has appointed former Céline executive Pascale Lepoivre as its new CEO, joining creative director Jonathan Anderson at the helm of the house.

Pierre-Yves Roussel, chairman and CEO of LVMH - which owns both Céline and Loewe, and a stake in Anderson's eponymous fashion house JW Anderson - told WWD that Lepoivre's experience in product development would work well at the house on Anderson's watch.

"The business is doing super well," he said. "He’s bringing a very interesting, fresh vision and at the same time, one that’s very coherent with Loewe. We’re very excited with the project.”

Lepoivre, who has been at Céline since 2007 managing the fashion house's product operation and strategic development, oversaw the house's reinvigoration under Phoebe Philo's creative direction, working under CEO Marco Gobbetti, who recently announced his move to Burberry. Prior to that, Lepoivre was director of the fashion and leather goods product division at Louis Vuitton.

Lepoivre succeeds Lisa Montague in her new role, who is reportedly returning to London for personal reasons and "considering other options within LVMH".