National Post (National Edition)

LVMH EXEC LEDRU AND ARNAULT SON TO LEAD TIFFANY

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A top executive at Louis Vuitton and one of Bernard Arnault's sons are set to take over management of Tiffany & Co. after the biggest acquisitio­n in the luxury industry by LVMH. Anthony Ledru will lead the jeweller, with Alexandre Arnault taking on a top position inside the brand, according to people familiar with the appointmen ts who asked not to be identified before an announceme­nt. Ledru leads global commercial activities at Louis Vuitton, and Alexandre is currently in charge of LVMH-owned suitcase maker Rimowa. LVMH declined to comment on the appointmen­ts. Ledru and Alexandre Arnault didn't immediatel­y respond to requests for comment. With Ledru, the French company would be picking someone with extensive experience in the U.S. luxury market to succeed Alessandro Bogliolo.

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