The musical chairs of succession at LVMH continue — this time with Bernard Arnault's 30-year-old son
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LVMH heir Frédéric Arnault will become CEO of the brand that popularized ‘quiet’ luxury. What could this mean for the French giant’s succession plan?
LVMH-owned Loro Piana has benefited from the luxury sector's embrace of “soft” or “quiet” luxury, with understated yet exorbitant apparel.
LVMH Taps Arnault’s Son to Head Loro Piana in Leadership Reshuffle
The fashion role is expected to bolster Frédéric Arnault’s credentials as a candidate to one day lead the luxury-goods giant.