It's a bit of a surprise that LVMH would let Jacobs go; his influence, ready-to-wear collections, and multiple partnerships have helped the brand's sales soar, even in tough times, since he joined the team. However, Fashionista points out that Jacobs himself, who recently turned 50, may want a bit of a breather. He's been managing his own line as well as Louis Vuitton for years now, jet-setting back and forth from Paris on the regular, and while we're sure he always travels in first class (if not private jet), that does tire a body out.
With two major new names on the staffing list at Marc Jacobs International, perhaps fashion's favorite kilt-wearer is looking to focus back in on his own eponymous line. That business alone is reported to be worth some $1 billion, and WWD reports that he may be considering going public with the company.
We'll be sad to see Jacobs leave Louis Vuitton — but then again, the prospect of Ghesquière at the helm is a very, very exciting one. (Fashionista)
Image: Via Fashionista.