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Frédéric Arnault, the second youngest son of Bernard Arnault, the owner of LVMH, is stepping into the role of CEO at Loro Piana, the understated jewel in the luxury group’s crown. This move comes amidst a series of leadership shifts across the conglomerate, highlighting its dedication to advancing talent from within its ranks.
Currently serving as the CEO of LVMH Watches, Arnault will officially assume leadership of the distinguished Italian brand, renowned for its refined and understated luxury, on 10 June. Concurrently, Damien Bertrand, the current CEO of Loro Piana, will transition to Louis Vuitton as Deputy CEO. Additionally, Pierre-Emmanuel Angeloglou, presently the CEO of Fendi, will take on the role of Deputy CEO at Christian Dior Couture.
Arnault, the former leader of LVMH Watches, revolutionised Tag Heuer’s strategy towards digital innovation, spearheaded key acquisitions including that of Swiss clockmaker L’Épée 1839, and secured LVMH’s enduring decade-long partnership with Formula 1. In his new capacity at Loro Piana, he will continue to build upon these accomplishments, while safeguarding the brand’s legacy of “quiet luxury.”
As part of the reshuffle, Bertrand will rejoin Louis Vuitton, where he previously served from 2016 to 2021. His earlier career also includes roles at L’Oréal and Dior.
Pierre-Emmanuel Angeloglou, who joined LVMH in 2019 as Strategic Missions Director for Louis Vuitton and later advanced to the role of Executive Vice President, will now transition to Christian Dior Couture. In his new position, he will work closely with Delphine Arnault, the CEO of Dior Couture since 2023.
The trio of appointments is designed to drive the growth of the luxury conglomerate, which achieved revenues of £71 billion (€84.7 billion) in 2024. Despite facing a “challenging economic and geopolitical environment,” LVMH demonstrated sustained growth, with a 1% organic increase, fueled by strong demand in Europe and the United States, as well as the performance of its leather goods division.
As LVMH continues to grow and adapt, the Arnault family’s leadership remains a cornerstone of its success. Frédéric Arnault’s new role at Loro Piana signifies the latest chapter in the family’s enduring legacy of guiding the world’s most esteemed luxury brands to unparalleled prominence.
Not only that, the recent appointments at LVMH showcase the conglomerate’s unwavering commitment to nurturing leadership talent and preserving its legacy of excellence. As Frédéric Arnault takes the helm at Loro Piana, and Bertrand and Angeloglou assume pivotal roles within Louis Vuitton and Christian Dior Couture, these changes signal a strategic evolution for the group. With a strong focus on heritage, innovation, and the vision of the Arnault family, LVMH continues to set the gold standard for luxury, shaping the future of the industry while honouring its timeless traditions.
