For over a decade fashion designer Marc Jacobs transformed the Louis Vuitton brand from super-luxurious travel products to one of fashion’s leading ready-to-wear designer brands. With the news this week that Jacobs will step down as creative director to focus on his own labels and projects, the rumours of who will be his successor have been circulating.
Majority of sources predict designer Nicolas Ghesquière as the front runner to replace Marc Jacobs. This recent change in creative director at Louis Vuitton isn’t the only changes happening in the LVMH group.
LVMH has brought in a couple of fresh faces to their organization that included hiring British designer J.W. Anderson as the creative director for Loewe, which designs high-end handbags. Anderson will succeed Stuart Vevers, who left the Spanish brand earlier this year to join Coach as executive creative director. LVMH also took a minority stake in Anderson’s own label and announced they are investing in another budding UK label, shoe designer Nicholas Kirkwood.
LVMH is currently the world’s biggest luxury goods group. Along with fashion labels, the company also owns a chain of luxury hotels.
Photo: Reuturs, Therichest.com