Editor
Frédéric Arnault is the new chief executive of LVMH Watches, effective Jan. 1, LVMH announced in a statement Friday.
The newly created role will see the second-youngest son of LVMH chairman and CEO Bernard Arnault oversee the conglomerate’s TAG Heuer, Hublot and Zenith brands, which have a combined turnover of around 1.6 billion Swiss Francs ($1.9 billion), Arnault
