Head of luxury bag-maker Louis Vuitton steps down
The Associated Press | Published: December 18, 2012 | Modified: December 18, 2012 at 3:41 pm
PARIS — The head of famed luggage and handbag-maker Louis Vuitton is stepping down because of health reasons.
Luxury goods purveyor LVMH, which owns the brand, announced Tuesday that Jordi Constans would be leaving the company a little over a year after he moved there from yogurt maker Danone. The company said the 48-year-old's unexpected departure was because of a "significant health issue."
FILE - In this Feb. 5, 2009 file photo, Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, the Paris-based luxury goods empire, presents the group's 2008 results in Paris. T (AP Photo/Michel Euler, File)
Franco-American Michael Burke, who had been running LVMH's jewelry house Bulgari, will take over at Louis Vuitton. While with LVMH, Burke has worked at the Christian Dior fashion house and for Louis Vuitton in North America.
LVMH CEO Bernard Arnault said Constans had shown "remarkable leadership" in his short time at the company.
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
