Yawen Chen (@ywchen.bsky.social)

Breakingviews - LVMH’s opaque succession merits investor discount Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion French luxury giant. Shareholders will this week vote on whether to raise the age limit for both roles to 85. While Arnault’s age is not necessarily a problem for investors, the lack of clarity about who takes over is beginning to weigh on the group’s enviable stock market record. https://www.reuters.com/breakingviews/lvmhs-opaque-succession-merits-investor-discount-2025-04-15/