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Fashion Icon Carla Fendi Dies

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News video: Fashion Icon Carla Fendi DiesMILAN (AP) — Carla Fendi, one of the five sisters who transformed the family leather goods business into a global luxury fashion house long known for its furs, has died following a long illness. The Rome-based fashion house confirmed Fendi's death Monday, expressing pain for the loss and gratitude for her continued contributions. Each sister had her role, and Carla Fendi, as Fendi president, was the family business' public face until they sold to the French luxury group LVMH in 1999.

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