Once again rumors proved themselves to be true: After 16 years with the brand, Marc Jacobs is indeed leaving Louis Vuitton to concentrate on his own label. The announcement, which WWD confirmed, circulated after his last show for the brand in Paris just this morning.
To many, his Spring 2014 collection seemed to fit the mood surrounding his exit. The New York Times reports that the show’s mood was “wistful,” and “intensely back and had many elements — a carousel, a grand hotel elevator and twin escalators — that had been stage sets at previous LV shows.” The fashion and style director for W Magazine, Edward Enninful, even compared the scene to that of a funeral. Jacobs himself said that to him the show was “an ode to Paris and to all the people I have been involved and work with. This city has been so great.”
Since he began at Louis Vuitton in 1997, Marc Jacobs has helped the brand move into superstardom with huge collaborations like 2005’s Takashi Murakami line, but straggling sales in Asia and Europe in recent years caused some strife within the company. And then there were the rumors that Jacobs wasn’t always that easy to work with. But the difficult realities of business didn’t harm the relationship Jacobs had with the company; sources say the two are on excellent terms. Jacobs even wrote in the Spring 2014 program, “For Robert Duffy and Bernard Arnault, All my love, Always.” (Duffy is Jacobs’s business partner and Arnault is the chief executive of LVMH.)
Next up for Marc Jacobs will be spending more time on his own eponymous label and preparing for the company’s IPO, which is projected at about three years out. His successor is yet unnamed but leading the rumor mill is Nicolas Ghesquière, formerly of Balenciaga fame.
Who would you like to see next at Louis Vuitton?