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Marc Jacobs is leaving Louis Vuitton after 16 years as Creative Director

By Kal Di Paola on Oct 02 2013

It's official Marc Jacobs has made the announcement that he will be leaving Louis Vuitton after 16 years as Creative Director.

When Marc Jacobs took over in 1997 he initiated clever collaborations with contempary designers Stephen Sprouse, Takashi Murakami and Richard Prince which helped remodernise the LV monogram and maintain it’s iconic appeal in modern times.

As well as the contemporary designer collaborations, Jacobs is responsible for having introduced Vuitton's ready-to-wear line.

Jacobs presented his final show for the brand this morning. It was a celebration of his greatest hits, created entirely in black, as was his first show for the label.

Rumours are that Nicolas Ghesquière, the former Balenciaga designer will be the successor.

Looks like the time is right for Marc Jacobs to devote himself solely to his eponymous fashion house and his diffusion line and work towards an IPO.

Good luck Marc Jacobs!