LVMH’s Head of Sephora, Department Store Division to Leave

The head of LVMH’s business unit that operates the Sephora beauty chain and Parisian department stores is leaving the luxury group.

Chris de Lapuente is leaving the group on Oct. 31 to retire, LVMH Moët Hennessy Louis Vuitton SE said in an internal announcement on Wednesday, confirming a report by Bloomberg News.

De Lapuente, 61, joined LVMH in 2011 as chief executive officer of Sephora. He became a member of the executive committee of the parent company that same year.

The division, called…