Overview
- Frédéric Arnault, previously head of LVMH's watch division, will officially assume the role of Loro Piana CEO on June 10, 2025.
- This move is part of a broader leadership restructuring within LVMH, which also includes new roles for Damien Bertrand at Louis Vuitton and Pierre-Emmanuel Angeloglou at Dior.
- Loro Piana, known for its understated 'quiet luxury' cashmere apparel, is one of LVMH's strongest-performing brands, generating an estimated $2.7 billion in revenue annually.
- The appointment reflects Bernard Arnault's ongoing strategy of preparing his children for leadership, with four of his five children now holding key roles within the company.
- Frédéric's track record includes strengthening LVMH's watchmaking portfolio and securing a 10-year partnership with Formula 1 during his tenure at Tag Heuer.