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LVMH, the luxury fashion and alcohol giant owned by billionaire Bernard Arnault, named the owner’s 29-year-old son Frederic Arnault as head of the company's…
Frederic Arnault, one of LVMH Chairman and CEO Bernard Arnault s five children and heirs, has been promoted to the role of chief executive of LVMH Watches, overseeing the TAG Heuer, Hublot and Zenith brands, the luxury group said Friday.