The longtime Bulgari CEO will now also oversee the grouping that includes watchmakers Hublot, Zenith and Tag Heuer.

Frédéric Arnault is to succeed Loro Piana CEO Damien Bertrand, who moves to become second-in-command at Vuitton. Pierre-Emmnauel Angeloglou becomes deputy CEO of Christian Dior Couture.

LVMH's CEO promoted his second-youngest son, Frédéric Arnault, to be the CEO of Loro Piana.

Frederic Arnault, one of the five children of LVMH chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, the world's biggest ...