LVMH appoints Romain Spitzer as President & CEO of Fragrance Group LVMH Beauty
This leadership change aligns with LVMH’s broader ambition to maintain dominance in the competitive luxury beauty and fragrance sectors.
FRANCE – Romain Spitzer has been promoted to President & CEO of Fragrance Group LVMH Beauty, a role that extends his ongoing responsibilities as CEO of LVMH Fragrance Brands.
In this expanded capacity, Spitzer will not only continue to oversee Kenzo Parfums and Parfums Givenchy but will also lead a broader set of maisons, including Maison Francis Kurkdjian, Acqua di Parma, Loewe Perfumes, and Officine Universelle Buly 1803.
LVMH highlighted that Spitzer’s new leadership mandate is focused on harnessing operational synergies in go-to-market strategies, manufacturing, execution, and, notably, people development.
The group emphasized a dual commitment: optimizing collaboration across its fragrance portfolio, while preserving each maison’s individual creative and strategic autonomy.
Stéphane Rinderknech, Chair and CEO of LVMH Beauty Division, stated, “Romain’s expanded role, building upon his impressive 30+ years of experience in beauty, reflects both his strong leadership and the strategic importance of leveraging synergies across our fragrance brands portfolio.”
“His deep understanding of the market, consumer trends, and brands, honed over decades, will be invaluable as he guides the Fragrance Group to continued success.”
This appointment is also framed as a recognition of Spitzer’s over thirty years of experience in the beauty sector and his adept understanding of market dynamics, consumer trends, and brand heritage.
Spitzer expressed pride in the new role and looks forward to working with the unique brands and talented teams within LVMH’s fragrance portfolio.
LVMH Q3 FY25 financial performance highlight
LVMH recently reported revenue of €58.1 billion(USD 67.74 billion) for the first nine months of 2025, demonstrating resilience amid global economic and geopolitical uncertainties.
Europe and the United States remained stable, thanks to strong local demand, whereas Japan experienced a decline compared to 2024, a year when a weaker yen drove tourist spending.
The rest of Asia experienced a notable improvement year-over-year. In the third quarter alone, LVMH generated €18.3 billion(USD 21.33 billion) in revenue, marking a 1% organic growth with positive trends across nearly all business groups and regions except Europe, where tourist spending and currency effects weighed on performance.
Breaking down by business segment, reported revenues were €6.040 billion(USD 7.041 billion) for Perfumes & Cosmetics, €7.409 billion(USD 8.64 billion) for Watches & Jewelry, and €12.613 billion(USD 14.71 billion) for Selective Retailing, with other activities and eliminations adding €500 million(USD 582.85 million).
Perfumes & Cosmetics increased 2% organically, supported by successful launches such as Dior’s fragrances and makeup innovations.
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