This morning the fashion world is buzzing with the news that designer Marc Jacobs is set to leave Louis Vuitton after 16 years at the helm of the French fashion house. Ahead of the label's Spring Summer 2014 show WWD revealed that Jacobs, together with his business partner Robert Duffy and LVMH's CEO Bernard Arnault confirmed the news to them, which follows months of speculation about the designer's position at the brand. Watch this space as we await further news and comment from Louis Vuitton or Marc Jacobs.
This morning's show in the Cour Carrée of the Louvre was the designer's final bow. In the notes for the presentation he paid respects to Duffy and Arnault with the message, 'To Robert Duffy and Bernard Arnault, all my love, always'.
Jacobs is thought to be leaving LV to concentrate on his own eponymous label, which WWD estimate should go public within the next three years. During his two decades as Creative Director of Vuitton he has transformed the brand and pioneered the collaboration of art and fashion on the runway, creating collections with the likes of Stephen Sprouse and Yayoi Kusama.
There is no confirmation on who will replace Jacobs at Vuitton yet, but rumours point to the possible appointment of former Balenciaga designer Nicolas Ghesquière.
Plus you can watch the final Marc Jacobs for Louis Vuitton show right here.