Nike is adding a prominent name from the luxury world to its boardroom. The sportswear giant has appointed Alexandre Arnault, deputy CEO of LVMH’s Moët Hennessy division, to its board.
The appointment brings together two very different corners of the global consumer industry – sportswear and luxury – and adds another major corporate role to Arnault’s growing portfolio.
Arnault has served as deputy CEO of Moët Hennessy, LVMH’s wines and spirits division, since February 2025. His career within the group has also included senior positions at Tiffany & Co. and Rimowa, where he served as CEO for four years.
Before moving to Moët Hennessy, Arnault spent four years as Executive Vice President of Product, Communications and Industrial at Tiffany & Co., after serving as CEO of Rimowa.
His experience with both brands placed him at the intersection of product development, global branding, communications and consumer engagement. Earlier in his career, he worked in digital innovation and technology investment at LVMH and Agache, after gaining experience at McKinsey & Company and KKR.
Arnault also serves on LVMH’s board and is a trustee of The Museum of Modern Art in New York. His previous board experience includes Carrefour, Birkenstock and Moncler.
Nike President and CEO Elliott Hill said Arnault’s understanding of how influential brands maintain relevance and build long-term relationships with consumers would benefit the company.
“Alexandre understands how some of the world’s most influential brands stay relevant, deepen consumer connections and drive long-term growth,” Hill said.
He also pointed to Arnault’s background in innovation, digital transformation and brand building as areas that could contribute to Nike’s global strategy.
The appointment comes as Nike continues to strengthen its connection with consumers and maintain its position in an increasingly competitive global sportswear market.
For Arnault, the Nike appointment adds one of the world’s best-known sportswear companies to a career largely shaped by luxury, fashion, technology and consumer brands.
Nike’s latest board addition also reflects the increasingly blurred boundaries between luxury, fashion, sport and lifestyle. Global consumers increasingly move between these categories, while major brands compete not only through products but through culture, community and increasingly sophisticated brand experiences.
The appointment comes against a challenging financial backdrop for Nike. The company reported revenue of $10.97 billion for the March-May period, down 1% year over year and 4% on a constant-currency basis.
Arnault’s arrival therefore comes at a significant moment for Nike, adding his experience in luxury brand building, digital innovation and consumer engagement to the company’s board as it enters its next phase.
