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☆ LVMH names new Louis Vuitton CEO, puts Arnault daughter in charge of Dior
▼ + stars: | 2023-01-11 | by ( Mimosa Spencer | ) www.reuters.com time to read: +5 min

Pietro Beccari, who has been the head of Dior since 2018, is moving to replace long-time Louis Vuitton CEO Michael Burke, 65. Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior. [1/2] Bernard Arnault, CEO of LVMH Moet Hennessy Louis Vuitton SE, and Delphine Arnault, Executive Vice President of Louis Vuitton, leave after the Spring/Summer 2020 collection show for fashion house Louis Vuitton during Men's Fashion Week in Paris, France, June 20, 2019. Alexandre Arnault, 30, is in charge of products and communication at Tiffany, while Frederic Arnault, 28, is CEO of another group brand, TAG Heuer. The youngest child, Jean Arnault, 24, heads marketing and product development for Louis Vuitton's watches division.

☆ LVMH's Arnault tightens family grip as daughter becomes Dior CEO
▼ + stars: | 2023-01-11 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

The world's largest luxury group also replaced long-time Louis Vuitton CEO Michael Burke with Pietro Beccari, head of Dior since 2018. Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior. Burke will continue to work with Bernard Arnault, the company said in a statement. The move follows the recent appointment of Antoine Arnault, Bernard Arnault's eldest son, to head the family holding company, replacing veteran executive Sidney Toledano. Alexandre Arnault, 30, is an executive at Tiffany & Co. while Frederic Arnault, 28, is CEO of TAG Heuer - both LVMH brands.

☆ Meet Delphine Arnault, the daughter of the world's richest man and now one of the most powerful women in fashion as the CEO of Dior
▼ + stars: | 2023-01-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: 1 min

"I was learning strategy," she told the Financial Times. "In a presentation in America they would start with the conclusion and say how they got there, and I found that very interesting. It was straight to the point." LVMH CEO Bernard Arnault onboard his private jet between Beijing and Shanghai on October 11, 2004. Marc DEVILLE/Gamma-Rapho via Getty ImagesSource: FT

☆ LVMH could pick Pietro Beccari as new Louis Vuitton CEO - paper
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: 1 min

ROME/PARIS, Jan 11 (Reuters) - The world's largest luxury group LVMH (LVMH.PA) could pick Pietro Beccari as new CEO of Louis Vuitton, the flagship brand of the French group, according to a media report on Wednesday. Italian Repubblica daily reported that Beccari, who took over as chairman and CEO of Dior Couture in 2018, could replace Michael Burke after LVMH will release its 2022 results. Officials at LVMH could not be immediately reached for comment. Reporting by Francesca Piscioneri in Rome and Geert de Clercq in Paris, editing Federico MaccioniOur Standards: The Thomson Reuters Trust Principles.

[1/5] Gingerbread themed decorations presented as part of ‘The Fabulous World of Dior’ installation hang from the facade of the Harrods store in London, Britain, November 10, 2022. REUTERS/Henry NichollsLONDON, Nov 10 (Reuters) - French fashion label Christian Dior kicked off the holiday shopping season in London on Thursday, unveiling a Christmas spectacle at Harrods – with tennis star Emma Raducanu presiding over the event. The LVMH-owned (LVMH.PA) brand outlined the London department store's façade with lights, emblazoning the entrance with an enormous star and filling the windows with sugar sculptures and merchandise. The elaborate holiday set up comes as the luxury sector grows strongly, with wealthy locals and deep-pocketed tourists splashing out on designer fashion despite soaring prices. Reporting by Hanna Rantala and Mimosa Spencer, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

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