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The world’s richest man, Bernard Arnault, has appointed his daughter to head up the fashion house Dior.

Arnault promoted Delphine Arnault, 47, as part of a reshuffle at LVMH, Europe’s most valuable company, reports the BBC.

It owns a portfolio of high-end brands including Fendi and Louis Vuitton and is worth about £336bn.

The outgoing head of Dior, Pietro Beccari, will move to replace long-time Louis Vuitton chief executive Michael Burke.

Both Ms Arnault and Beccari “are well respected”, so these are “logical promotions within the group,” said Credit Suisse analyst Natasha Brilliant.

All five of Arnault’s children hold management positions at brands in the group.

The changes, which come into effect in February, follow the recent appointment of Antoine Arnault, Bernard Arnault’s eldest son, to head the family’s holding company.

Alexandre Arnault, 30, is in charge of products and communication at Tiffany, while Frederic Arnault, 28, is chief executive of another group brand, Tag Heuer.

The youngest child, Jean Arnault, 24, heads marketing and product development for Louis Vuitton’s watches division.
Arnault’s companies sell goods including luxury suitcases by Louis Vuitton and Moet and Chandon champagne.

“Succession planning in strategic roles has been instrumental to the success of LVMH’s key brands over the past 20 years, hence today’s moves are significant,” said Thomas Chauvet, an analyst at Citi.

Christian Dior’s catwalk presentations in Paris are attended by global celebrities including K-pop star Jisoo and singer Rihanna, drawing enthusiastic crowds of fans.

Delphine Arnault will leave her position as LVMH’s executive vice president for Louis Vuitton, which she has held since 2013.

Louis Vuitton set new sales records under Ms. Arnault’s leadership, LVMH said.

Similar succession plans have happened at other major fashion companies in recent years.

High Street fashion giant Inditex, which owns brands including Zara and Massimo Dutti, appointed the founder’s daughter as its new chairwoman in 2021. Marta Ortega was 37 at the time.

The boss of fashion house Prada, Patrizio Bertelli, recently said he expects to hand the reigns of the company to his son Lorenzo within two years.

Bernard Arnault overtook Elon Musk in December 2022 to become the world’s richest man.

Uganda on Wednesday declared an end to an Ebola virus outbreak that emerged almost four months ago and claimed the lives of 55 people.

“We have successfully controlled the Ebola outbreak in Uganda,” Health Minister Jane Ruth Acerng said at a ceremony in the central district of Mubende where the disease was first detected in September.

The move was confirmed in a statement issued by the World Health Organization.

Aceng said January 11 marked 113 days since the start of the outbreak of the often fatal hemorrhagic fever in the East African country.

According to WHO, an outbreak of the disease ends when there are no new cases for 42 consecutive days – twice the incubation period of Ebola.

“Uganda put a swift end to the Ebola outbreak by ramping up key control measures such as surveillance, contact tracing, and infection, prevention and control,” the WHO statement quoted the minister as saying.

“While we expanded our efforts to put a strong response in place across the nine affected districts, the magic bullet has been our communities who understood the importance of doing what was needed to end the outbreak, and took action.”

WHO said there were 142 confirmed cases, 55 confirmed deaths, and 87 recovered patients.

It said Uganda’s outbreak was caused by the Sudan Ebola virus, one of six species of the Ebola virus for which no vaccines have yet been approved.