Two weeks ago news broke that Bernard Arnault had handpicked Marc Jacobs to replace John Galliano at the helm of Louis Vuitton. Something that was neither confirmed or denied by the fashion designer. Today WWD has added more to the rumour mill by adding that Marc Jacobs is now officially in negotiations with the fashion giant this week.
Another rumour that has also emerged is that Phoebe Philo, a British designer best know for her work with Chloe and currently the creative director of Celine, is set to take over Louis Vuitton should Marc Jacobs choose to move.
All three companies, Christian Dior, Louis Vuitton and Celine as well as Marc Jacobs are owned by fashion conglomerate LVMH.
More to follow.
