Statement from Bernard Arnault following the passing of Karl Lagerfeld

Following the passing of Karl Lagerfeld, Bernard Arnault, Chairman and CEO of LVMH, commented:

“With the passing of Karl Lagerfeld we have lost a creative genius who helped to make Paris the fashion capital of the world and Fendi one of the most innovative Italian houses. We owe him a great deal: his taste and talent were the most exceptional I have ever known. Artistic director of Jean Patou in 1959, creator of Fendi since 1965, member of the LVMH Prize jury since its creation in 2013, he honored the LVMH group with an extraordinarily stimulating creative and entrepreneurial friendship. I will always remember his immense imagination, his ability to conceive new trends for every season, his inexhaustible energy, the virtuosity of his drawings, his carefully guarded independence, his encyclopedic culture, and his unique wit and eloquence. The death of this dear friend deeply saddens me, my wife and my children. We loved and admired him deeply. Fashion and culture has lost a great inspiration.”