Incidentally, Arnault is still the largest shareholder of the LVMH group. Under the group are brands like Louis Vuitton, Tiffany, Givenchy, Kering and Moet Hennessy. The world’s richest man announced the reshuffle at the top of the group on Wednesday. He said, Delphine will handle the responsibilities of Dior’s chief executive from now on. The company’s current market value is 382 bn euro (337 bn pound). Incidentally, Delphine is the eldest daughter of Bernard Arnault. Delphine Arnault is currently the Vice President of Louis Vuitton. He is in charge of handling all the commercial work there. However, he will take charge of the new post from February 1.
Delphine studied at the London School of Economics and joined the management consultancy firm McKinsey. Delphine joined the family business in 2000. In 2003, Delphine became a member of the LVMH board. Delphine was the first woman to become a board member. Not only that, he was the youngest member at the time of joining. He is currently 47 years old. Bernard Arnault also said that under Delphine’s leadership, Louis Vuitton’s product production will increase significantly. And he believes the brand will set new precedents in terms of marketing and sales. As Christian Dior has established itself, it will further grow its business under Delphine’s leadership. Because Delphine’s insight, business acumen and experience will be the driving force.
Delphide had worked in this company before. In 2001, Delphine took over as Deputy General Manager of the company. At that time he worked with creative director John Galliano. A significant event occurred there. Allegedly, Galliano made racist comments to staff. There was also anger among the workers. At that point, Delphine intervened. He protested the matter. Galliano was eventually fired from the company due to accusations of racist attitudes and comments. As a result, a return to Dior is sure to be reminiscent of the early days of Delphine’s career.