LVMH's CEO promoted his second-youngest son, Frédéric Arnault, to be the CEO of Loro Piana.
Frederic Arnault, one of the five children of LVMH chairman and CEO Bernard Arnault, will become chief executive of the group ...
The fashion role is expected to bolster Frédéric Arnault’s credentials as a candidate to one day lead the luxury-goods giant.
Luxury powerhouse LVMH (EPA: LVMH) has announced a new leadership appointment within its ranks, naming Federic Arnault as the incoming chief executive of the luxury Italian cashmere label Loro Piana.