Luxury conglomerate LVMH billionaire Bernard Arnault has named his daughter Delphine as the new CEO of Christian Dior.
The 47-year-old will take up the role of chairman and CEO of the French label in February, following a significant restructuring at the group responsible for brands including Louis Vuitton, Fendi, Givenchy and Tiffany & Co.
Delphine, father became the world’s richest man this month, will leave Louis Vuitton, where she started in 2013 as executive vice president. She has worked at Dior for over ten years and is actively involved in the LVMH Prize for Young Fashion Designers.
Bernard Arnault’s daughter’s career at the company was “defined by brilliance,” according to a news release.
She joins the label as it tries to regain the stable expansion it experienced before the Covid-19 pandemic. Additionally, the decision was made as Dior, along with the rest of the luxury fashion sector, prepares for a busy season of major shows and brand new collections.
The brand will present new menswear, couture and women’s ready-to-wear lines at future Paris Fashion Week events over the course of the next two months.
Source : Wikipedia