Frederic Arnault Becomes CEO of Loro Piana Amid LVMH Reshuffle

Frédéric Arnault has been appointed as the new CEO of Loro Piana, effective June 10, 2025, marking a significant shift in LVMH's management as the luxury group undergoes a generational transition. This move is part of a broader reshuffle within the company, with Damien Bertrand stepping down to become deputy CEO of Louis Vuitton and Pierre-Emmanuel Angeloglou taking on a similar role at Christian Dior Couture. The changes signal the increasing involvement of Bernard Arnault's children in leading positions within LVMH, as each now holds a prominent role in the organization. Frédéric, who previously led LVMH's watches division, is expected to leverage his experience to enhance Loro Piana's luxury brand reputation amid rising market demands. Bernard Arnault praised the new appointments, emphasizing the importance of passionate leadership in maintaining brand desirability. The group's strategic direction continues to evolve, with an announcement for the new CEO of Fendi anticipated soon.