LV China changes its leadership.

Tianyancha App shows that recently, there has been a business change in LV China's affiliate company, Louis Vuitton Commercial Sales Co., Ltd. DAVID PONZO has stepped down as the legal representative and chairman, and has been succeeded by Hugues, Henri, Pierre BONNET-MASIMBERT. Louis Vuitton Commercial Sales Co., Ltd. was established in November 2004 with a registered capital of 50 million RMB. Its business scope includes retail of publications, food sales, liquor sales, leather goods sales, luggage sales, wholesale and retail of clothing and accessories, and is wholly owned by Louis Vuitton Hong Kong Limited.