He succeeds Christophe Navarre, who is leaving LVMH’s wines and spirits division after 20 years to focus on his investment fund Neptune International.
Louis Vuitton and Fendi helped drive a 15 percent increase in the group’s sales in the second quarter.
It’s the first time the luxury conglomerate’s Institut des Métiers d’Excellence has partnered with an Italian school for vocational training.
The company had launched an IPO in June to acquire the 25.7 percent stake in Dior it did not already own in order to simplify LVMH’s ownership structure.
The luxury titan was being investigated by Belgian prosecutors for his citizenship application dating back to 2012, which he has since withdrawn.
The firm uses artificial intelligence to help the fashion industry detect trends online and assist e-tailers in pushing the correct product.
The partnership is part of the latest incarnation of the brand’s “Volez, Voguez, Voyagez” historical travel-themed exhibition.
Angela Ahrendts, Daniel Zhang, Natalie Massenet and Nas will join Bernard Arnault on the jury of the inaugural LVMH Innovation Prize.
The luxury titan published a think piece in Les Echos newspaper on Friday.
The move will make it the second-largest brand in the luxury conglomerate’s fashion and leather goods division.