Despite the appearance of younger faces on LVMH's executive board and the increasing prominence of the patriarch's children, certain key posts within the luxury giant are still occupied by figures from the same generation as Bernard Arnault, who have been with him for over 40 years.
Subscribers only Houses The appointment of Jean-Pierre Blanc's successor at the helm of Villa Noailles is still not finalised. The two local authorities that fund the arts centre, which organises France's main fashion design competition, are determined to have a say in the choice of a new director.
Subscribers only Entourage Around 10% of the variable remuneration of Bernard Arnault and Stéphane Bianchi, the group's deputy CEO, is linked to the group's performance in terms of social responsibility. In 2024, the bonus was not affected by an Italian investigation into the use of illegal labour by Dior subcontractors.
Costly renovation works have begun on the 15th-century Milan mansion purchased three years ago by Bernard Arnault. Rumours continue to swirl in Italy's economic capital as to what the main shareholder in LVMH intends to do with this building steeped in history.
Subscribers only Families Over the last two months, four MPs have sent written questions to the French Minister for Ecological Transition on the future of the clothing recycling industry. These questions come at a time when Refashion, the eco-organisation responsible for this sector, is currently in the hot seat.
Subscribers only Entourage The former Socialist French President has just visited Frédéric Gerschel at the Invalides hospital. This former reporter for the Parisien suffered an accident while covering the war in Iraq in 2016 and has been in a legal tussle with the paper's owners, LVMH, ever since.
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