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LVMH announces Jordi Constans as Louis Vuitton CEO

By Attracta Mooney

Jordi Constans is set to join family business LVMH as the chief executive of the luxury group’s flagship brand Louis Vuitton.

Constans, previously executive vice-president of fresh dairy products at French yoghurt company Danone, will take over from Yves Carcelle - credited with turning Louis Vuitton into a globally recognisable brand.

LVMH said 47-year-old Constans will shadow Carcelle throughout 2012, before taking on the role, while Carcelle will remain as a member of LVMH’s executive committee.

He will also become president of Fondation Louis Vuitton, as well as undertaking strategic roles alongside LVMH’s chairman and founder Bernard Arnault.

Arnault established LVMH in 1987, using his family's money to purchase Christian Dior. The Arnault family, through holding company Groupe Arnault, owns a 47% stake in the French luxury conglomerate.  

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