Frédéric Arnault has been named as managing director of one of the holding companies through which the Arnault family controls luxury goods group LVMH, the latest in a series of promotions for the 29-year-old.
The fourth of LVMH chief executive and chair Bernard Arnault’s five children, Frédéric Arnault will replace Nicolas Bazire as managing director of Financière Agache, the family holding confirmed.
The billionaire Arnault family owns 48 per cent of LVMH’s share capital and controls 64 per cent of the voting rights at the world’s largest luxury goods group. The group owns 80 brands including Louis Vuitton, Dior and jeweller Tiffany, spanning fashion and leather goods to champagne, department stores and hotels.
您已阅读25%（720字），剩余75%（2134字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。