LVMH has announced yet another CEO shuffle within the company that now names Frédéric Arnault the new CEO of Loro Piana.
Frédéric Arnault is to succeed Loro Piana CEO Damien Bertrand, who moves to become second-in-command at Vuitton.
LVMH-owned Loro Piana has benefited from the luxury sector's embrace of “soft” or “quiet” luxury, with understated yet exorbitant apparel.
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