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Loro Piana Man

Frédéric Arnault, beloved son and École Polytechnique graduate, is using his perch as C.E.O. of Loro Piana to implement a key strategic change that’s been years in the making, and could secure the brand’s position in the top three of LVMH’s fashion and leather goods division.

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Frederic Arnault
Loro Piana C.E.O and LVMH heir Frédéric Arnault. Photo: LUDOVIC MARIN/AFP/Getty Images
Lauren Sherman
June 11, 2026

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The traditional wholesale model is all but dead, and nobody understands this better than LVMH. While some of the company’s brands still partner regularly with department stores and online retailers, they increasingly do so via the concession model. In this structure, LVMH owns the inventory and the retailer simply receives a commission on sold items.

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