Interruption Or Disruption: Leadership Disaster Within The Diamond Business

Alexandre Arnault, son of LVMH chairman and CEO Bernard Arnault, will leave his function as CEO of luxury baggage producer Rimowa – additionally part of LVMH – to become Tiffany & Co.’s govt vice-president of product and communication. Arnault’s new position largely replaces the position of Daniella Vitale, who will leave Tiffany a little over a yr after being named as its executive vice-president and chief model officer. In a statement released on its website, LVMH management expresses “shock” at Tiffany & Co.’s authorized submitting within the US, calling it “totally unfounded” and “communicated in a deceptive way to shareholders… Read More
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