French luxury goods group LVMH has announced Delphine Arnault will take a top role at Louis Vuitton – one of the largest luxury brands in the world.
Her father, Bernard Arnault, is the chairman and chief executive of LVMH and the wealthiest person in France. The group is responsible for 60 luxury brands that span fashion, watches and champagne.
Arnault, 38, currently works as deputy general manager at Dior – the majority shareholder in LVMH – but will take up her new post in September. Her new position will be similar to her role at Dior.
At 28, Arnault was already a director at LVMH and was the company’s second biggest stockholder with 7.5% of shares.
Her brother Antoine is chief executive of Berluti – acquired by LVMH in 1993 – and previously worked as head of communications for Louis Vuitton.