Eldest daughter of world’s richest person chosen to run €382bn luxury brand as part of shake-up
world’s richest person
Arnault, 73, is the chief executive, chair and majority shareholder of the group, which owns a swathe of high-end businesses including Louis Vuitton, Tiffany, Givenchy and Moet Hennessy. Delphine Arnault, who is the executive vice-president of Louis Vuitton and in charge of its product product-related activities, will take up the new position from 1 February.
Her father said: “Under Delphine’s leadership, the desirability of Louis Vuitton products advanced significantly, enabling the brand to regularly set new sales records. Her keen insights and incomparable experience will be decisive assets in driving the ongoing development of Christian Dior.”
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