The Saks Layoffs Commence & An LVMH Shake-up Foretold

Pierre-Emmanuel Angeloglou
As Fendi prepared for today’s 100th anniversary show, there was speculation that C.E.O. Pierre-Emmanuel Angeloglou might be replaced by Ramon Ros, the C.E.O. of Louis Vuitton China. Photo: Anthony Ghnassia/Getty Images for L'Oreal Paris
Lauren Sherman
February 26, 2025

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