By  on March 16, 2010

Yves Carcelle, chairman and chief executive officer of Louis Vuitton, who just feted the brand’s new flagship in Kobe, Japan, took some time to extol some of his characteristic optimism about the growing demand for luxury goods in markets both mature and developing — economic crisis notwithstanding.

“The desire for luxury is stronger every year,” he surmised. “For people it is a way of expressing, treating themselves. If they are concerned [about their futures] maybe they postpone, maybe they decrease their spending a little bit but their desire is intact.”

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