When the billionaire bling kids get to run Tiffany and Prada

Bernard Arnault has finally taken control of Tiffany & Co.

With the acquisition being LVMH Moet Hennessy Louis Vuitton SE’s biggest deal to date, and an expensive trophy asset despite the last-minute price cut, there’s little wonder that the company’s chief executive officer is sending experienced staffers from his flagship brand Louis Vuitton to oversee it.

More interesting is the appointment of his 28-year-old son Alexandre to a senior role at Tiffany. It is the latest example of how Arnault, the 71-year-old LVMH founder  and France’s richest man, is situating his children into the world’s biggest luxury group, readying them for eventual succession.

It’s a smart move, and one that is playing out across the industry, as scions from family-controlled houses like Prada SpA and cashmere-maker Brunello Cucinelli SpA are elevated to top roles. Younger, digitally focused consumers will drive high-end sales over the next decade. Who better to understand

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Kaley Cuoco’s Real-Life Style in ‘Flight Attendant,’ + Other Modern TV Shows That Will Fuel Fashion in 2021

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As 2021 just begins, it’s safe to say consumers are still glued to their TVs. HBO and HBO Max now have a combined 41.5 million domestic subscribers, up 20% from the year prior, and Netflix reported its fourth quarter 2020 earnings, announcing that the company has surpassed 200 million paid subscribers.

Television on various platforms has provided refuge amid Covid-19, anxiety-inducing politics, job loss, and more crises. Not only has TV been a way to disconnect, but it’s also been an aspirational tool as it continues to shape and influence fashion lovers stuck at home. With no red carpet in sight or street style stars constantly being photographed on the go, viewers have turned to their favorite characters for style inspiration.

“It used to be that ‘Sex and the City’ was all people talked about it because it really was like a show

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