Louis Vuitton boss in shock exit

Louis Vuitton’s new chief executive has quit the company suddenly because of health reasons, parent group LVMH said yesterday. The world’s largest luxury company said Jordi Constans would be replaced by Michael Burke, chief executive since February of Bulgari, the Italian jeweller that LVMH added to its stable last year. A dual French-US citizen, Burke was chief executive of Christian Dior USA from 1986 to 1993 before various roles at LVMH.