Bernard Arnault appointed his daughter Delphine to run LVMH’s second-biggest brand, Dior, as the 73-year-old billionaire continues to elevate his children to key posts in his luxury empire.
The move comes after Antoine Arnault, the eldest son, was recently given a wider role within the business, replacing Sidney Toledano as Chief Executive Officer and vice chairman of Christian Dior SE, the holding company through which the family controls LVMH Moet Hennessy Louis Vuitton SE.