PARIS (Reuters) - Antoine Arnault, one of LVMH (LVMH.PA) Chairman and CEO Bernard Arnault's five children and an executive in charge of several brands at the luxury group, will oversee communications and image issues at the company, according to an internal memo.
Antoine Arnault, 41 - CEO of LVMH's Berluti, known for its high-end men's shoes, and chairman of luxury cashmere label Loro Piana - was already behind some communications initiatives at the group. They included organizing "open days" for the public at some brands.
Asked on several occasions which of his children was likely to succeed him, Bernard Arnault has always said the job would go to the most capable and the one who could combine business acumen with creative flair, without giving a name.