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Yves Carcelle Chairman and CEO of Louis Vuitton Malletier |
Yves Carcelle is the Chairman and CEO of Louis Vuitton Malletier. His hard work and determination has brought a luggage-making brand to one of the worlds most sought after luxury brand. In his 15 years with the company, he has been overseeing the global network of offices and factories that the brand has. Using a strategy later emulated by rivals such as Gucci, he brought in new designers to spiff up Vuitton's styling and expand the product line, while terminating franchise agreements so that LVMH regained exclusive control of retailing. Last year, fuelled largely by Vuitton, the fashion group accounted for nearly 30% of LVMH's $10.8 billion in sales and more than 80% of its $1.4 billion operating profit. The brand acquired giants like the Italian leather-goods company Fendi and the U.S apparel maker Donna Karan and is now looking ahead to fashion some new jewels from them among other brands. Fluent in English and Spanish as well as French, Mr. Carcelle spent nearly 20 years working in sales and marketing for consumer-goods companies before catching Arnault's eye with his successful turnaround of French textile brand Descamps. That experience and his easy charm, make him as comfortable talking with shop managers and designers as he is conducting high-powered business negotiations with CEOs. |
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