New Delhi, March 13 -- Frederic Arnault, one of the five children of LVMH chairman and chief executive officer (CEO) Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, said the world's biggest luxury group. The move is part of an ongoing extensive top management reshuffle as a new generation rises through LVMH's ranks.

Frederic Arnault, who currently leads LVMH's watches division, will replace Damien Bertrand as chief executive of Loro Piana on June 10, 2025. Bertrand is being promoted to deputy CEO of Louis Vuitton. LVMH named new divisional leaders in a November re-jig, including his son Alexandre Arnault's return to its Paris headquarters from Tiffany & Co. in New York.

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