One of the daughters of the French magnate bernard arnaultDelphine, has been appointed CEO of Christian Diorthe iconic fashion label and one of the flagships of his father’s luxury emporium, LVMH.
The company explained this Wednesday that Delphine Arnault, who has been deputy general director of Louis Vuitton since 2013, will replace Christian Dior Couture at the head of Pietro Beccariwhich in turn becomes the new director of Louis Vuitton.
These two appointments, which will be effective February 1 of this year, are “obvious signs of confidence and seek to maintain a balance between external personalities and members of the Arnault family”, according to what he told AFP Arnaud Cadart, portfolio manager at Flornoy.
For its part, the company has indicated in a statement that the appointment of Delphine Arnault, who is 47 years old, “marks the continuity of a journey of excellence in fashion and leather goodsfirst at Christian Dior for twelve years and then at Louis Vuitton in recent years where she was ‘number two’, in charge of all products”.
Regarding Pietro Beccari, the document classifies his work at the helm of Dior in the last five years as exceptional, for which the company is sure that it will propel Louis Vuitton to greater success.
The luxury group has also presented two other changes in their management teams. On the one hand, Charles Delapalme, who has been deputy general manager in charge of supervising the commercial activities of Christian Dior Couture since 2018, becomes deputy general manager of that brand. In turn, the CEO of watches and jewelry will also assume the responsibility of supervising the brands Tiffany and Repossiwhich are integrated into its business division.
Bernard Arnault’s five children work at LVMH, which is by far the company of largest capitalization of those listed on the Paris Stock Exchange.
The five The businessman’s children already work in the group. In addition to Delphine, Antoine, the eldest son, had been appointed in December 2022, CEO of the Christian Dior SE holding, which controls the world number one in luxury LVMH, as well as vice president of the holding company’s board of directors. He is also General Director of Berluti, President of Loro Piana, Director of Image and Environment of the group LVMH, and director of LVMH. Alexandre Arnault is Executive Vice President of Tiffany Jewelry. Frédéric is Managing Director of Tag Heuer and Jean is Director of Marketing and Watch Development for Louis Vuitton.
The Arnault family recently became the richest in the worldahead of Elon Musk, owner of Tesla, SpaceX and Twitter, according to the Forbes ranking.