LVMH expands role scopes of two Perfumes and Cosmetics executives

LVMH has extended the roles of Romain Spitzer and Stéphanie Medioni, two Perfume and Cosmetics executives, to drive momentum in the rapidly growing sector.

Romain Spitzer is the CEO of LVMH Fragrance Brands, leading Parfums Givenchy and Kenzo Parfums. Now, his job has been extended to include a new venture, according to WWD.

An internal announcement read: "In this newly expanded role, Romain will support the beauty roadmap from other divisions of the group in their early stages of product innovation and business development by bringing their incubation projects to completion."

Spitzer reports to Stéphane Rinderknech, CEO of LVMH Perfumes and Cosmetics division, who said: "Romain’s deep expertise in fragrances is secret to no one, as is his extensive knowledge of the innovation process in crafting perfumery icons.

"Over the past few years he achieved a substantive work with the brand elevation of Parfums Givenchy, in line with the couture — exemplified in the creation of L’Intérdit or the reinvention of Gentleman. I am confident that he will become a key asset to help the group’s most prestigious Maison set foot in the beauty industry in a strong and sustainable way."

Romain Spitzer, CEO of LVMH Fragrance Brands

LVMH has also extended Stéphanie Medioni’s role. Currently, she is the Executive President of Beauty and Fragrance, who is at the helm of strategy and development. She oversees Aqua di Parma, Parfums Loewe, Maison Francis Kurkdjian, Make Up For Ever, Officine Universelle Buly, Stella McCartney Beauty, Fresh and Benefit.

Her new role functions add the consolidation of "transversal functions, including CMI, media, retail and omnichannel" to her plate. Medioni will oversee the integration of data and artificial intelligence.

Rinderknech added: "Stéphanie is a key figure in the group with a deep knowledge and expertise of the beauty industry.

"Over the past years, she has contributed tremendously to set the foundations of this division, demonstrating leadership in building strategic vision, and organisational capacity while developing great talents around her."

Stéphanie Medioni, Executive President of LVMH Beauty and Fragrance

In 2023, LVMH’s Perfumes and Cosmetics division generated sales of£7.06 billion( €8.27 billion), up by 7% compared to the year prior. With these role extensions, the group plans to push continued growth in the highly profitable sector.