Nicolas Ghesquière is Marc Jacobs’ successor at Louis Vuitton | RetailDetail

Nicolas Ghesquière is Marc Jacobs’ successor at Louis Vuitton

Nicolas Ghesquière is Marc Jacobs’ successor at Louis Vuitton

42-year-old French-Belgian fashion designer Nicolas Ghesquière will follow in Marc Jacobs’ footsteps at the French luxury fashion label Louis Vuitton. The announcement from LVMH’s subsidiary confirmed a long-standing rumour.

From Kering to LVMH

The 50-year-old American Marc Jacobs left Louis Vuitton early October after 16 years of service, in order to prepare his own label’s IPO. His artistic guidance turned Louis Vuitton into LVMH’s most profitable brand, with a turnover of 7.5 billion euro. That is more than double what its main competitor, Kering (former PPR), manages with its own Italian luxury brand, Gucci (3.6 billion euro in 2012).

 

Noteworthy detail is that Nicolas Ghesquière worked for Balenciaga from 1997 until 2012. Balenciaga is a luxury brand belonging to the Kering portfolio. “Louis Vuitton has always incarnated for me the symbol of ultimate luxury, innovation and exploration”, the new creative director said. “I am very honoured of the mission that I am entrusted with, and proud to join the history of this great maison.”

 

Ghesquière has a Belgian father, but was raised in France. He will be in charge of the entire women’s clothing line and will presenting his first collection at the Cour Carrée in the Louvre, a symbolic location for the French luxury brand. Kim Jones will continue to head Louis Vuitton’s men’s line.

 

 

(translated by Gary Peeters)

Questions or comments? Please feel free to contact the editors


Multinationals fail their healthy food claims

24/05/2018

Food multinationals are not doing enough to make their products more healthy, according to Access to Nutrition Foundation. NestléUnilever and Danone are top of the class.

Ahold Delhaize launches digital lab in the United States

22/05/2018

Ahold Delhaize’s American division will found a new company focused on digital innovation: Peapod Digital Labs will become a lab for new digital, eCommerce and personalization strategies. 

Carrefour forced to shut down hundreds of Dia stores

22/05/2018

Carrefour has not found a buyer for hundreds of its former Dia stores in France yet. That may force nearly 230 stores to shut down.

Carrefour and Tencent launch high-tech store in Shanghai

22/05/2018

The recently launched ‘Le Marché’ store formula, a first collaboration between Carrefour and Tencent, allows customers to pay with face recognition at unmanned checkouts.

Hoegaarden moves part of production to Vietnam and China

18/05/2018

Hoegaarden experiences strong growth in Asia, but is losing ground in Europe. That is why AB InBev will move part of the production to China and Vietnam: the brewery in Hoegaarden will lower cut its production days by 2 a week.

Holland & Barrett wants vegan stores

17/05/2018

British health chain Holland & Barrett (previously known in the Benelux as Essenza) plans to open completely vegan stores, a trend the chain needs to follow according to CEO Peter Aldis.