LVMH investors seek clarity on Arnault succession as concerns persist – report
Louis Vuitton owner LVMH shareholders are pressing for clearer succession planning at the luxury conglomerate, as questions over Bernard Arnault’s future unsettle some investors. According to Reuters, the 76-year-old CEO and chairman has yet to designate an heir. Arnault has run the group for nearly four decades and oversees more than 70 brands, including Dior and Tiffany. Last April, investors supported a proposal to lift the age cap on his dual role to 85, though the decision attracted notable resist ...