After a lavish sixteen-year reign at Louis Vuitton, Marc Jacobs took his final bow at Paris Fashion week this morning.
Rumors of Jacobs’ leaving Louis Vuitton lit up the Twitterfeed this morning before the show and were finally confirmed by LVMH’s chairman and CEO Bernard Arnault. According to Vogue UK, Jacobs wants to focus on his own brand as it is heading towards an IPO (Initial Public Offering), meaning the general public can buy shares on the stock exchange.
Jacobs’ successor has not been named yet, however Nicolas Ghesquière, the former Balenciaga designer, is rumoured to be the frontrunner.
well, let us wait to see what happens next, i love the suspense that also comes with fashion. hehe
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