Billionaire LVMH founder Bernard Arnault has promoted his son to the leadership team of Tiffany & Co. after concluding its $16billion acquisition of the American jeweller.
Alexandre Arnault, 28, left his previous role as CEO of Rimowa, also owned by LVMH, to become executive vice president at Tiffany & Co., in charge of product and communication.
Sharing the news on Instagram, Alexandre, who was born in France but is fluent in English, wrote: Humbled, honored to join @tiffanyandco and excited to work with the teams in New York!
First family of fashion: Billionaire LVMH founder Bernard Arnault has promoted his son Alexandre, 28, to the leadership team of Tiffany & Co. after concluding its $16billion acquisition of the American jeweller. Pictured, Bernard (centre) with Alexandre (right), daughter Delphine and singer Rihanna in 2019. Rihanna s Fenty label is part of the LVMH group