Reshuffling its top management, LVMH has announced Damien Bertrand as the new deputy CEO of Louis Vuitton, while Pierre-Emmanuel Angeloglou will take on the role of deputy CEO role at Christian Dior Couture.
Frédéric Arnault, Son of LVMH's chairman, will succeed Bertrand as CEO of Loro Piana. This move underscores LVMH's strategy of developing executives from within, placing younger leaders in pivotal roles. Bertrand's return to Louis Vuitton reunites him with Pietro Beccari, CEO and his former colleague at Dior. Similarly, Angeloglou's move to Dior reunites him with Delphine Arnault, who previously worked with him at Vuitton.
Emphasizing on the importance of strong leadership for brand desirability, Bernard Arnault praised the vision and dedication of the promoted executives. This restructuring also impacts Fendi, where Angeloglou, previously CEO, will now focus on Dior. The search for his Fendi successor is underway, with Ramon Ros emerging as a potential candidate.
Angeloglou's appointment at Dior follows other recent high-profile additions, reinforcing Dior's status as a top luxury destination. At Loro Piana, Bertrand focused on enhancing brand image and product quality, contributing to its significant growth. Frédéric Arnault will continue this momentum, leveraging his experience from LVMH Watches.
Arnault's tenure at Tag Heuer, marked by innovation and strategic partnerships, showcases his leadership capabilities. His focus on streamlining operations and fostering collaborations, particularly with Formula 1, will be valuable at Loro Piana. This management shift highlights LVMH's commitment to internal growth and strategic leadership for its iconic brands.
