Marc Jacobs Rumored to Be Leaving Louis Vuitton-------
Following months of rumors, reports this morning suggest that Marc Jacobs—who has served as Louis Vuitton’s creative director since 1997—may not renew his contract with the storied French house. French publication Challenges asserted that Jacobs’ departure had already been approved internally. Furthermore, an anonymous source hinted to Reuters that Nicolas Ghesquière was being considered as Jacobs’ replacement. Another source, however, stated that “nothing has been decided yet.” Vuitton and Jacobs—who is set to show his Spring ’14 collection for the house on Wednesday, October 2—have yet to comment on the potential shake-up.