The latest move follows another senior appointment in China last year. In April 2025, LVMH named Daniel DiCicco president and chief executive of Louis Vuitton Greater China, in what was widely seen as a push to strengthen local management. DiCicco previously held senior positions at Apple, Sony Music and Coach, bringing cross-industry and digital experience to the role.
"I have spent my entire career covering the news. I will not stop now," he said soon after he was arrested.
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That's because the "overriding" threat to streaming services isn't one another - it's YouTube, says Harrington of Enders.
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