The former chairman and CEO of Louis Vuitton, Yves Carcelle has died
One of the fashion industry's most highly regarded executives, Yves Carcelle is credited with expanding Vuitton's new business categories including eyewear and fine jewellery, as well as in increasing its presence around the globe and recruiting Marc Jacobs as creative director back in 1997.
In 2013 Carcelle was diagnosed with a rare form of kidney cancer, which sadly took his life yesterday, when he passed away at the Pitié-Salpêtrière Hospital in Paris.
"It is with deep emotion and regret that I learned of Yves Carcelle's passing," Bernard Arnault, chairman and chief executive of LVMH, said in a statement. "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 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."