ADIN 367 0% ALK 5260 0.99% CEVI 425 -0.47% FAKM 5500 0% GRNT 574.94 -0.18% KMB 2048 -0.1% MPOL 300 0% MPT 20800 -0.95% MTUR 3600 -0.47% RADE 1350 0% SIL 70 0% STB 371 2.78% STIL 79 -1.25% TEL 285 0 650 0% TETE% TPLF 784 6.95%
Two years ago, Bernard Arnault allows Antoine son to lead the company to produce shoes Berluti, then a month later and appointed his daughter Delphine as executive vice president of Louis Vuitton.
While its mission is to revive the manufacturer of bags, Antoine should Berluti turned into a giant in the field of men's clothing. braehead motors Arno actually prepares both for another job - to fully take the company into its own hands. The 64-year-old CEO of LVMH Moet Hennessy Louis Vuitton, already meets the requirements for a state pension. He gave no indication that he was tired of being managed by the largest luxury goods company in the world, but at some stage it will become important and should continuously work when Arno will relinquish possession of children, says analyst at Berenberg, John Guy.
Loads of children more responsibility allows the Arno to test, Guy said, but added that this escalating rivalry. He was summoned to LVMH in the 80s by Henri Rakamie, one of the heirs, who wage war against another round of company. Arno helps Rakamie to beat its biggest rival, and then pumped Rakamie company and take control of it. This time the richest braehead motors man in France, that turns into a giant LVMH in luxury goods with over 60 brands braehead motors - from Krug champagne to watches Tag Heuer, put one against the other members of his family.
Arno, which controls 46.5% of the voting shares aloud in LVMH, says he expects to be succeeded by the close, writes Bloomberg. Thirty-eight year old Dolphin emerged as a likely successor, says Luke Soltsy, analyst at Exane BNP Paribas.
Berluti brand is important, but less than Vuitton, which generates more than half of the profits of LVMH in the amount of 5.9 billion euros, said Soltsy. Her appointment to head the manufacturer braehead motors of bags is "a braehead motors lot of support," said the analyst. Others bet the son of Arno.
Delphine and Antoine differ according to the tasks set before them by their father. Delphine Arnault, who taught in business school Edhec in France and then in London braehead motors School of Economics, is reserved, witty and with a flair for fashion. She joined the company of his father in 2000, after some time working for McKinsey & Co. In 2003 enters the board of directors of LVMH. By June Dolphin takes the deputy braehead motors managing director of Christian Dior Couture. For five years as office, sales of the brand grew by 67% to 1.28 billion euros. LVMH, which announces earnings after brands still observed in April weakest growth in sales of fashion and leather goods since 2009. Turnover Vuitton reaches about 7.3 billion euros in 2012, and consists of more than 70% of sales, it is the part of fashion and leather goods, at the discretion of HSBC.
Antoine braehead motors Arnault is "slower" in poker cash prize fund of over 600,000 dollars, according Pokerpages.com. He appears frequently in the media from Paris Match to The New York Times. Antoine out with model Natalia Vodianova as the face of Guerlain perfume and underwear Etam. He joined LVMH in 2002, after he graduated in Insead and HEC Montreal. Since becoming President of Berluti, Antoine employs known designer and seamstress company buys in Paris, in order to help the manufacturer of footwear Ermenegildo Zegna SpA and Brioni. He spends significant resources and marketing and opening stores from Miami to Shanghai. In January Arno said it expects the greatest son to raise revenue of Berluti to "several hundred million dollars," although not set a deadline for it. With three younger children, nephew and niece Bernard Arnault has other potential heirs, and other officers, who are either not part of LVMH.
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