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Yves Carcelle dies at 66; former CEO of Louis Vuitton
Yves Carcelle dies at 66; former CEO of Louis Vuitton

Yves Carcelle, 66, the former chief executive who turned Louis Vuitton into the world's largest and most valuable luxury brand, died Sunday in Paris after a long illness. LVMH Moet Hennessy Louis Vuitton, which owns Vuitton, announced his death in a statement. Carcelle, who spent much of his career traveling the world looking for the next Vuitton outpost, became head of the brand in 1990, a year after joining LVMH, and set about transforming the trunk maker into LVMH's biggest and most profitable label. He hired Marc Jacobs as artistic director in 1997 and expanded Vuitton into ready-to-wear and, more recently, fine jewelry, while opening shops in locales as varied as Las Vegas...

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