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Alexandre Arnault, son of LVMH chairman and CEO Bernard Arnault, will go away his role as CEO of luxurious baggage producer Rimowa – additionally part of LVMH – to become Tiffany & Co.’s executive vice-president of product and communication. Arnault’s new position largely replaces the function of Daniella Vitale, who will go away Tiffany a little over a year after being named as its government vice-president and chief model officer. In a statement launched on its web site, LVMH management expresses “shock” at Tiffany & Co.’s legal filing within the US, calling it “totally unfounded” and “communicated in a deceptive approach to shareholders and… defamatory”.
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In the late 1980s, a younger Biz Markie, pictured here in 1988, walked into the Diamond District store of Jacob “the Jeweler” Arabo and requested a signature piece of jewelry that would become the classic …