LONDON, GREAT BRITAIN — A report in The Telegraph newspaper of London is citing unnamed sources that Former Prime Minister of Great Britain Tony Blair will take an advisory role with luxury goods titan LVMH.
According to The Telegraph, sources close to Blair said he is in the final stages of negotiating a deal with LVMH, and he will begin working for the luxury house later this year.
LVMH brands include champagnes Dom Perignon, Krug, vodkas Belvedere and Chopin, watchmakers Hublot, Chaumet, Zenith and Tag Heuer, fashion and leather goods brands Dior, Fendi, Donna Karan, Marc Jacobs, Pucci and Louis Vuitton among others,
The report stated, “There is an agreement in principle but nothing has been signed yet.”
According to The Telegraph, Blair will not join LVMH’s Board but will be a personal advisor to Chairman Bernard Arnault.
What will Blair’s role be? Targeting elite travelers “In particular, his job is likely to involve attracting new clients,” The Telegraph claimed.
There was no comment either from LVMH or representatives of the Prime Minister.