It's official: Louis Vuitton has a new CEO. Jordi Constans has, as of Monday, taken the reigns from the label's CEO of 22 years, Yves Carcelle.
Unlike many recent fashion industry shakeups, this move was expected. Back in September of 2011, Louis Vuitton announced that Yves Carcelle would be stepping down at the end of 2012 and that Constans had been brought on to succeed him after a year spent familiarizing himself with the brand. The announcement was made amidst rumors that Marc Jacobs would be leaving Vuitton for Dior, leading many to speculate that the two moves were somehow linked.
Of course, Jacobs did not go to Dior and Carcelle is still leaving--but he's not going very far. He'll become vice chairman of the forthcoming Fondation Louis Vuitton, a Frank Gehry-designed art museum set to open in Paris next year. He'll also continue to sit on the executive committee and undertake “strategic missions” alongside Bernard Arnault, according to WWD.
The international growth Louis Vuitton has seen under Carcelle is undeniable, meaning Constans will have some big shoes to fill. And it's probably a good thing he's spent a year with the luxury goods brand before officially taking the reigns since his background is in yogurt.
A Spanish native, Constans was executive Vice President of French food giant Danone (known as Dannon in the U.S.)'s fresh dairy products division. From yogurt to luxury handbags? Business is business, we guess.