Marc Jacobs is leaving Louis Vuitton after 16 years at the brand, to focus on his own label as it heads towards IPO.
He made the announcement this morning (October 2) at Jacobs’ last runway show for the brand at Paris Fashion Week.
Marc Jacobs is expected to go public within the next three years.
Jacobs’ successor at Vuitton has not been named, nor has a decision been made, though reports point to Nicolas Ghesquière as the frontrunner.
Ghesquière was creative director of Balenciaga for fifteen years but parted ways from the design house in November 12.