Rumors of Marc Jacobs’ departure as Creative Director of Louis Vuitton have been spiraling around over the past weeks leading up to the show of the iconic fashion house’s Spring 2014 collection at Paris Fashion Week. Today, immediately following the highly anticipated show, the rumors were confirmed: the designer is leaving Louis Vuitton at the end of his contract in 2014 with intentions to focus on his own namesake brand, which he plans to take public in the next few years.
In typical Marc Jacobs fashion, the designer concluded his 16-year tenure as Creative Director with an astounding exit show. Today, the Internet has been buzzing with an outpouring of praise for Jacobs’ final Louis Vuitton show at Fashion Week. As part of this unforgettable presentation, Jacobs dedicated the collection “to the women who inspire [him] and to the showgirl in all of us.”
Marc Jacobs is credited to bringing a contemporary and pop-culture edge to Louis Vuitton, which was founded in 1854. He expanded the the fashion house from its popular handbags and luggage into the clothing market by launching the brand’s first ready-to-wear and shoe collections in 1998. The designer has also been crucial in developing the luxury brand into the richest in fashion history. During his first decade with Louis Vuitton their profits tripled and they are now valued at nearly $25 billion.
Although it is undeniable that Marc Jacobs will be sincerely missed at Louis Vuitton, I’m eager to see him return his sole focus to growing his own brand. Today marks an exciting new chapter in this legendary designer’s career. Congratulations to Marc Jacobs on an outstanding run at Louis Vuitton, and best of luck with what’s to come with the Marc Jacobs brand!
What’s next for Louis Vuitton? There are tons of rumors circulating about who will be Marc Jacobs’ replacement as Creative Director. I’m holding my breath until the brand makes an official announcement, which is expected to be at the end of October.