LVMH's CEO promoted his second-youngest son, Frédéric Arnault, to be the CEO of Loro Piana.
They join the ranks of their other three siblings in expanding control in LVMH’s empire—including the fresh-faced Jean Arnault, the head of Louis Vuitton’s watch division, who was born in 1998.
Nearing octogenarian status, Arnault has not yet named a successor, despite his five children holding senior roles within LVMH, including his Gen Z son Jean Arnault who runs Louis Vuitton’s ...