And former Louis Vuitton CEO Yves Carcelle has sadly lost his battle with cancer.
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, if a bit earlier than anticipated.
In the somewhat mind-blowing video above, a 24-year-old part-time Louis Vuitton sales associate is performing impressive yo-yo tricks in the middle
Big changes are afoot at LVMH. Amidst rumors that Marc Jacobs is being tapped to replace John Galliano at Dior, WWD is reporting that Louis Vuitton's CEO Yves Carcelle will be exiting the famed leather goods company, after having been at the helm for 20 years. Both WWD and Vogue UK speculate that Carcelle's departure is connected to LVMH's reshuffling of its head designer. Carcelle, who is said to have a strong relationship with Jacobs, is probably not exactly over-the-moon about the designer's reported Dior appointment--Jacobs has legendary selling power; losing him would no doubt be a blow to Vuitton.