LVMH Moet Hennessy Louis Vuitton has said the son of its current CEO, Bernard Arnault, is set to take up a new job where he will be tasked with boosting the performance of the world’s top luxury conglomerate’s struggling wine and spirits division.

LVMH owner Bernard Arnault has given his son Alexandre, who has links with the Trump family, the job of helping to turn around the group's wine and spirits business, a task that could be more difficult if the new U.

Alexandre Arnault, Bernard Arnault’s 32-year-old son, will join Guiony as deputy chief executive at Moët Hennessy from the start of February. Alexandre Arnault has spent the past few years in the US as a senior executive at jeweller Tiffany, which LVMH bought for $15.8bn in 2021.