Henry Racamier

Henry Racamier (1912-2003) was a French business executive who turned Louis Vuitton from a small luxury goods brand into an internationally recognized brand with billions of dollars in international sales.[1] In 1943 he wed Odile Vuitton, a great-granddaughter of the founder and a major shareholder of Louis Vuitton. He was the co-founder of LMVH the company which arose of the luggage company's merger with the champagne house Moet & Chandon. This new concern was originally founded to provide both previously independent companies protection from a potential outside hostile takeover. He then went on to be director of the new firm.[2][3]

Racamier was also a noted sponsor of international sailing competitions and in 2019 was posthumously inducted into the America's Cup Hall of Fame.[4][5]

References

  1. Tagliabue, John (April 1, 2003). "Henry Racamier Dies at 90; Revitalized Louis Vuitton" – via NYTimes.com.
  2. "Disparition d'Henry Racamier, l'un des fondateurs de LVMH". Les Echos. April 1, 2003.
  3. "Henry Racamier". April 10, 2003 – via The Economist.
  4. Guthrie, Julian (July 6, 2013). "How the Louis Vuitton Cup changed the sport". SFGATE.
  5. "America's Cup Hall of Fame selects 2019 Inductees >> Scuttlebutt Sailing News". Scuttlebutt Sailing News. July 14, 2019.


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