PARIS (Reuters) – French fashion house Christian Dior said on Friday its board of directors has decided to name Antoine Arnault as chief executive officer (CEO) of Christian Dior SE and vice-chairman of the board of directors to replace Sidney Toledano.
“This choice was made in the context of the conversion of Agache SE into a limited joint-stock partnership, which occurred on Dec. 6, and will permit the long-term family control over Christian Dior SE and LVMH Moët Hennessy – Louis Vuitton SE to be perpetuated.” the statement said.
(Reporting by Dominique Vidalon, Editing by Benoit Van Overstraeten)
