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Article: Shakeup at Vuitton: Bottoli Said Leaving as Carcelle Takes Helm.(Yves Carcelle returning to LVMH Moet Hennessy Louis Vuitton S.A.)(Marcello Bottoli)
- Article from:
- WWD
- Article date:
- December 9, 2002
- Author:
CopyrightCOPYRIGHT 2002 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Miles Socha PARIS - Talk about a luxury homecoming.
Yves Carcelle, who piloted explosive growth at Louis Vuitton throughout much of the Nineties, is about to put himself back in the drivers' seat of LVMH Moet Hennessy Louis Vuitton's most profitable unit, WWD has learned.
According to sources, Carcelle will take the reins at a decisive time for Vuitton, a star brand that is embarking on a powerful push into emerging markets, such as China, South Korea and India. Marcello Bottoli, who has been president and chief executive officer of Vuitton since September 2001, is expected to exit the post shortly.
Meanwhile, it is understood that ...