Louis Vuitton has appointed Nicolas Ghesquière as the new artistic director of womenswear, replacing Marc Jacobs who stepped down from the label last month.
Following months of speculation luxury design house LVMH has this afternoon confirmed that Ghesquière, the former creative director at Balenciaga, will take over with immediate effect.
Ghesquière will show his first collection for the label next March.
Vuitton said Ghesquière would bring “a modern creative vision to the house’s women’s collections, building on the values of refinement, savoir faire and extreme quality.”
Ghesquière said he shared the “values and vision” of the company.
He added: “Louis Vuitton has always incarnated for me the symbol of ultimate luxury, innovation and exploration.”
Jacobs’ contract expires at the end of the year and he is stepping down to focus on his own brand, which he hopes to take public within three years.
Ghesquière was creative director of Balenciaga for 15 years but parted ways from the design house in November 12.
The label is reportedly now suing the designer for “breach of duty of confidentiality”.