Succession: Why LVMH leadership could hinge on the Paris Olympics

Antoine Arnauld, oldest son of Bernard Arnauld, is vice chairman of the Christian Dior fashion division and oversees Moet Hennessy.  He's also in charge of burnishing LVMH's reputation as the world's premier purveyor of luxury items, and he is reportedly about to sign a €164 million deal to put LVMH at the heart of the Paris Olympics.  That sum is just 0.2% of LVMH’s 2022 turnover but make a success of the sponsorship and his hands would be firmly on the levers of power when his father steps aside. (The Drinks Business)