Finance
LVMH proposes Alexandre Arnault for Moncler's board
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
LVMH proposes Alexandre Arnault for Moncler's board, with shareholders set to vote on expanding the board from 12 to 15 members.
MILAN (Reuters) - French luxury group LVMH, which last year bought a minority stake in Moncler's top shareholder, has proposed Alexandre Arnault as a member for the new board of the Italian luxury outerwear group.
Moncler's shareholders are expected to gather on April 16 to vote on the expansion of the number of board members from 12 to 15 and appoint the new members.
Alexandre Arnault, one of LVMH CEO Bernard Arnault's five children vying for more responsibility in their father's empire, was recently appointed deputy CEO at LVMH's $6 billion wine and spirits business.
Last September the French luxury conglomerate purchased a 10% stake in Double R, Moncler's top investor. As part of the deal, LVMH got the right to appoint two board members at Double R and one board member at Moncler.
(Reporting by Elisa Anzolin; Editing by Keith Weir)
The article discusses LVMH's proposal to appoint Alexandre Arnault to Moncler's board as part of a strategic move following their investment.
Alexandre Arnault is the deputy CEO at LVMH's wine and spirits business and one of Bernard Arnault's children.
LVMH acquired a 10% stake in Moncler's top investor, Double R, allowing them to appoint board members and influence Moncler's direction.
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