Berluti CEO and Chairman of the Board of Directors of Loro Piana Antoine Arnault has been appointed CEO of the Christian Dior SE holding. Antoine Arnault is the eldest son of Bernard Arnault, president of the Louis Vuitton Moet Hennessy (LVMH) group of companies; Christian Dior owns 41% of the group’s share capital.
“This appointment was made in the context of the transformation of Agache SE (the holding company that owns shares in Christian Dior.—“uh”) into a joint stock limited company, which took place on December 6 and will allow for long-term family control of Christian Dior SE and LVMH Moet Hennessy,” the luxury brand said in a press release, cited by Fashion United.
The entrepreneur will replace 71-year-old Sidney Toledano, who also holds the position of CEO of the LMVH Fashion Group, as the head of Christian Dior.
45-year-old Antoine Arnault began his career in the department of Louis Vuitton, later headed Berluti – under his leadership, the shoe brand began to create menswear collections. Mr Arnault is on the board of directors of LVMH.
Fashion house Prada also confirmed this week that Andrea Guerra, the former head of Luxottica, will be its new CEO.