As of this past Monday, Louis Vuitton's new CEO, Jordi Constans is acting in his new capacity. He is replacing long-time CEO, Yves Carcelle, who spent 22 years with the French design house, taking it from a largely French-based company to a global mega-house. Louis Vuitton first issued a statement back in September 2011 that Carcelle would be stepping down at the end of this year to serve as Vice Chairman of the Fondation Louis Vuitton, a Frank Gehry-designed art space set to open in Paris in 2013. Carcelle, who will remain on the executive board of LVMH, has been praised as a leading force in turning the historic trunk-maker into one of the world's most coveted luxury brands. However, with the brand currently inching closer and closer to complete market saturation, I wonder of Constans (who was most recently the managing director at yogurt company Danone before spending a year under Carcelle at LV) will continue the world domination.