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LVMH CEO Arnault: Ask me again in 10 years about succession plans 

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December 17, 2025

LVMH CEO Bernard Arnault said he was hoping he would be able to make another ten years when asked about his succession ⁠plans for the world’s biggest luxury group. 

Reuterss

“Talk to ⁠me again in 10 years, I can give you a more ‍precise ‌answer,” Arnault, 76, told broadcaster CNBC ⁠in an ‌interview, referring to his ‌latest mandate extension, approved by shareholders earlier this year. 
“I hope … that I will make these ‍10 years,” he said. 

Commenting on the role of his five ‌children ⁠at ​the family-controlled luxury giant, ⁠Arnault ​gave little insight on who could take over the ​helm. 
“For getting responsibility, they have to merit the responsibility ⁠and to ⁠prove they can do it,” Arnault said. 

© Thomson Reuters 2025 All rights reserved.



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Levi Strauss & Co. names ex Target, Uber executive as board member

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Nicola Mira

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December 18, 2025

Levi Strauss & Co. has strengthened its board of directors by adding a marketing specialist. On December 16, The US group, owner among others of Levi’s jeans, announced that Jeffrey J. Jones II will become a member of its board on January 21, 2026.

Jeffrey J. Jones II – DR

Jones, currently president and CEO of US financial services company H&R Block, will serve as a member of the Levi Strauss board’s nominating, governance and corporate citizenship committee, as well as the compensation and human capital committee.

Jones will retire from his post at H&R Block, which he joined in 2017, on December 31, 2025. He is an experienced executive with a 30-year-plus career, notably as a marketing strategy specialist. In 2016, he joined Uber Technologies Inc., where he was president of the Ride Sharing division, in charge of operations, customer support, strategy and planning, product operations and marketing.  He was previously executive vice-president and CMO at Target Corporation, overseeing brand, digital and customer experience strategy, corporate communications, investor relations, and brand management for all of Target’s owned brands and limited-time offering collaborations. Jones’s diverse corporate experience, and his expertise in businesses specialising in direct-to-consumer relations are of special interest to the Levi Strauss board.

“Mr Jones brings extensive experience in consumer insights, brand building and organisational transformation, and has a proven record of creating significant stakeholder value,” said Bob Eckert, chairman of the board at Levi Strauss & Co. “He has repeatedly strengthened brands and organisations across industries, and his leadership will play a critical role as we evolve LS&Co. into a best-in-class, DTC-first retailer,” Eckert added.
 
Earlier in his career, Jones worked at Gap, and was a partner and president at advertising agency McKinney, where he led major client projects and fostered organisational growth.

“Levi Strauss & Co. is an iconic company with a bold vision for the future, and I’m honoured to join the board at such a pivotal moment,” said Jones in a press release. “The company has been on a strong trajectory, deepening its connection with consumers and driving long-term, sustainable growth. I look forward to supporting the entire leadership team as they write the next chapter for this nearly 175-year-old company,” he added.

The Levi Strauss board of directors currently consists of 12 members, including CEO Michelle Gass.

 

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Burberry renews eyewear licence deal with EssilorLuxottica

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Adnkronos

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Nicola Mira

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December 18, 2025

EssilorLuxottica and Burberry have renewed for another 10 years their licence agreement for the development, production and worldwide distribution of Burberry eyewear.

Burberry – Spring/Summer 2026 – Womenswear – UK – London – ©Launchmetrics/spotlight

The agreement was set to expire on December 31, and its term has been extended to December 31, 2035. The renewal strengthens the collaboration the two companies embarked on in 2006, based on a shared tradition of creativity, craftsmanship and innovation. 

“We are delighted to extend our two-decade partnership with Burberry, a creative journey that has brought to life collections infused with Burberry’s timeless sophistication and uniquely British allure. As we look ahead to the next chapter of crafting Burberry-branded eyewear, EssilorLuxottica is thrilled to intensify its collaboration with one of the world’s most admired luxury houses,” said Francesco Milleri, president and CEO of EssilorLuxottica.

Joshua Schulman, CEO of Burberry, said: “We are thrilled to continue our longstanding partnership with EssilorLuxottica, building on a relationship grounded in craftsmanship, design and innovation. Together, we will capture the spirit of our timeless British luxury brand expression, as we bring more iconic Burberry eyewear collections to customers around the world.”



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AI-generated video specialist Arcads.ai raises $16 million in funding

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Nicola Mira

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December 18, 2025

French company Arcads.ai, set up two years ago and specialised in software solutions producing AI-generated promotional videos for social media, has raised $16 million in a funding round designed to bolster its expansion.

Romain Torres and Dylan Fournier – Arcads.ai

Arcads.ai founders Dylan Fournier and Romain Torres carried out the funding round with Eurazeo, alongside Alpha Intelligence Capital and via the Sequoia investment fund’s Scout programme.

Arcads.ai offers digital solutions enabling users to produce videos entirely generated by AI in 35 languages. The videos appear to have been made by influencers, but instead feature “AI actors.” Arcads.ai is positioned within the fast-growing user-generated content sector, featuring myriad influencers creating videos that promote consumer brands, which in turn play an active role in disseminating such third-party-generated content.

The company’s solutions allow brands and content creators to produce videos (for example product tests, fittings and unboxing) much more quickly, skipping the shooting and editing phases and aligning the content with themes trending on social media, especially TikTok and Instagram.

Arcads.ai has seven employees, and claims to have over 6,000 client companies and to generate over 100,000 videos per month. Fournier has indicated on social media that Arcads.ai’s revenue has grown from zero to $13 million in 18 months, and it is set to reach the $100 million mark “in the coming months.”

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