Berluti CEO Transition: Antoine Arnault to Step Down, Profits Expected to Soar – Exclusive Insider Info from Le Figaro

2023-11-21 21:00:10

INFO LE FIGARO – The shoemaker, owned by LVMH, will return to profit this year. The CEO’s eldest son will see his functions evolve within the luxury giant.

Almost a year after a reorganization at the head of Louis Vuitton and Dior, the two emblematic showcases of LVMH, changes continue at the head of the houses of the world leader in luxury (79.2 billion euros in turnover). business). At the helm of Berluti for twelve years, Antoine Arnault will leave the shoemaker’s general management on January 1st. The eldest son of Bernard Arnault announced it Monday evening in an internal message to the thousand employees of the luxury shoemaker. “With you, the Berluti family has grown, and despite sometimes headwinds, we have gone through a number of challenges which have strengthened us, and now have a healthy, profitable business, full of projects,” explains Antoine Arnault in this internal note, of which Le Figaro took notice. The reins of Berluti will be entrusted on this date to Jean-Marc Mansvelt, current CEO of the jeweler Chaumet, another LVMH house for which this manager has increased sales by around 130 million…

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