Bernard Arnault (left) and his son visiting factories of the Hennessy cognac brand in Salles-d’Angles, October 18, 2017. GEORGES GOBET / AFP
Antoine Arnault, son of French billionaire Bernard Arnault, has been appointed chief executive of the Christian Dior SE holding company, which controls the world’s number one luxury brand Louis Vuitton-Moët Hennessy (LVMH), replacing Sidney Toledano, according to a statement released on Friday. December 9.
Read our survey during the “Successions” series:Article reserved for our subscribers The Arnault clan or the factory of heirs
Antoine Arnault was also appointed vice-chairman of the board of directors of the holding company, a choice which is in line with the strategy “intended to ensure the long-term sustainability of family control over Christian Dior SE and LVMH Moët Hennessy – Louis Vuitton SE”the statement said.
The World with AFP
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