Former Louis Vuitton chief executive Yves Carcelle died in Paris on Sunday August 31, aged 66, following a long struggle with illness.
In a tribute issued yesterday, LVMH Group said Carcelle’s “remarkable vision, energy and sense of strategy” had helped to establish Louis Vuitton as the world’s foremost luxury brand. Carcelle spent more than 20 years at its helm.
A graduate of France’s prestigious Ecole Polytechnique and INSEAD business school, Carcelle went on to oversee Louis Vuitton’s entry into the world of fashion through the partnership with Marc Jacobs.
Carcelle joined LVMH Group and its executive committee in 1989. Following his departure from Louis Vuitton in 2012, he served as chairman of the Fondation Louis Vuitton.
“It is with deep emotion and regret that I learned of Yves Carcelle’s passing,” said LVMH Group chairman and chief executive Bernard Arnault.
“A tireless traveller, Yves was a pioneer who embodied the image and values of Louis Vuitton. Always curious, passionate and in motion, he was one of the most inspiring leaders of men and women whom I have ever had the privilege of knowing.
“My thoughts today are with Yves’ family, as well as with all of his former staff at Louis Vuitton, who will long remember him as a manager and mentor who was accessible, human and sincere. Today, the LVMH Group has lost one of its closest and dearest friends and I join in the sorrow of each of us as we mourn Yves passing, but also importantly in our collective appreciation for his life, his work and his legacy.”