Mansvelt succeeds Antoine Arnault, Bernard Arnault’s eldest son, who has held the position since 2012 and will now remain as Chairman of Berluti, Chairman of Loro Piana, and in charge of Image and Environment for LVMH.

Arnault said: “I am very happy and quite emotional to welcome Jean-Marc as the new CEO of Berluti, building on the values of elegance, audacity and unique “savoir-faire”.

“Jean-Marc’s wealth of experience that he has demonstrated throughout these years will be decisive assets in driving the ongoing development of Berluti.”

And Charles Leung (right) Mansvelt will join Berluti from Parisian jewellery brand Chaumet also owned by LVMH – where he has served as CEO since 2014. Charles Leung was general manager of the jeweler Fred since 2018, is appointed general manager of Chaumet.

The move marks a return for Leung to the brand, having previously worked as Vice President International Sales and Distribution from 2012-2018. Would the lord leave the ship?