Bernard Arnault and the LVMH Group announced the death of Yves Carcelle on 31 August 2014, following a long and courageous struggle with illness. Yves Carcelle served as Louis Vuitton’s chief executive for more than 20 years, during which time he established Louis Vuitton as the world’s foremost brand in the luxury sector with his remarkable vision, energy and sense of strategy.
Yves Carcelle, a graduate of France’s prestigious Ecole Polytechnique and INSEAD business school was the artisan of Louis Vuitton’s development worldwide, especially in Asia and Japan. He oversaw Louis Vuitton’s entry into the world of fashion, through Marc Jacobs’ shows, and also into the jewellery and watchmaking sectors. Yves Carcelle joined the LVMH Group and its Executive Committee in 1989, and following his departure from Louis Vuitton in 2012, he served as Chairman of the Foundation Louis Vuitton.
Bernard Arnault says “It is with deep emotion and regret that I learned of Yves Carcelle’s passing. 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.”