Antoine Arnault Is The Chairman Of Loro Piana'S Board Of Directors.

< p > LVMHMo? THennessyLouisVuittonSA (LVMH.PA) MOET & CHANDON, Hennessy LV group, "Prince Edward" AntoineArnault rose the chairman of Italy brand LoroPiana board. After half a year's acquisition of LoroPiana, BernardArnault Bernard Arnott finally let her son start taking over this brand of high hopes.

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< p > Sergio and PierLuigiLoroPiana brothers said that the addition of a href= "http://www.91se91.com/pioneer/" > AntoineArnault < /a "will make the cooperation between the two groups more intimate, while AntoineArnault said it is very happy to have the opportunity to join this potential brand.

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< p > as early as July, Italy media MFF reported that LVMH chairman and chief executive BernardArnault Bernard Arnott's eldest son AntoineArnault and group chief financial officer Jean-JaquesGuiony will join the LoroPiana board as LVMH's representative.

In July, AntoineArnault, a former director of the LouisVuitton Louis Weedon communications director and chief executive officer of LVMH's Italy menswear luxury brand Berluti Berluti, visited the Italy factory in Italy with BernardArnault, Arnott and Jean-JacquesGuiony.

This trip also confirmed the above rumors from the side, and now it is finally settled.

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< p > > a href= "http://www.91se91.com/pioneer/" > Sergio < /a > and a href= "http://www.91se91.com/pioneer/" > PierLuigiLoroPiana > /a > brothers still retain the right of ownership and management, and the two will serve as vice chairman of the group.

However, according to Jean-JacquesGuiony's interview with Bloomberg, the 20% stake of Sergio and PierLuigiLoroPiana brothers still exist in the three year bearish and call options based on group EBITDA, which means that in the future LVMH may exercise the right to purchase LoroPiana wholly, or Sergio& PierLuigiLoroPiana brothers sell the remaining 20% stake.

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< p > BernardArnault Bernard Arnott also arranged for her daughter DelphineArnault to turn from Dior Dior to LVMH's flagship brand LouisVuitton Louis Weedon as executive vice president at the beginning of July. She took the MichaelBurke report of the brand chief executive from December last year and took over the affairs of PietroBeccari Louis Weedon, former executive vice president of LouisVuitton Louis Weedon, who was pferred to Fendi's chairman and chief executive in February last year.

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The recent mobilization of < p > AntoineArnault and DelphineArnault also shows that BernardArnault Bernard Arnaud is training them to become the future leaders of the group.

From the current situation, AntoineArnault will focus on menswear brand. Its principal Berluti bru ti will set up new factories and increase capacity in one year, and open 10 new stores and renovate 12 existing stores, and plan to double the total number of stores within three or four years.

DelphineArnault's top priority is to help Louis Weedon LouisVuitton continue to grow in the context of the slowdown in the luxury industry.

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