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Showing posts with label Marc Jacobs. Show all posts
Showing posts with label Marc Jacobs. Show all posts

Thursday, 21 November 2013

Marc Jacobs is leaving Louis Vuitton

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Final salute: Marc Jacobs addresses the audience at his final show for Louis Vuitton in Paris on October 2, following a spectacular 16-year tenure at the brand. Source:DailyMailUK

MARC JACOBS is leaving Louis Vuitton . The news was confirmed this morning after the Louis Vuitton spring/summer show at Paris Fashion Week 02/10/2013.

When Marc Jacobs stepped onto the runway after the Louis Vuitton spring/summer 2014 show at Paris Fashion Week, he smiled and accepted the applause for what was to be his final reverence for the label.
The designer, who has worked at the helm of Vuitton for the last 16 years, is leaving to focus on his eponymous label ahead of an IPO (Initial Public Offering), the LVMH chairman and CEO Bernard Arnault confirmed this morning.

And Jacobs made sure he went out with a bang at Paris Fashion Week by presenting a celebration of his greatest hits including clothing inspired by his first ever collection, shown on a set featuring pieces from previous shows.
Mr Jacobs' 2014 collection for Louis Vuitton was imbued with signature elements from his 16-year run at the label, which he has transformed from a dusty heritage luggage purveyor to a commercial luxury powerhouse.

The show was staged with Mr Jacobs's evolved flair for lavish settings.
'To the showgirl in all of us,' read his notes for the collection, which was presented among reinvisioned versions of the elevators, escalators, carousels, fountains, and hotel corridors that he has previously created for Louis Vuitton's seasonal grand displays.


In fact, fashion's overall commercial expansion, which has skyrocketed in the last decade, can be easily traced through photos of his tenure at Vuitton. 
His evolution at the label is a prime example of the industry's transition from an exclusive tribe to a novel, friendly affair.

It was Mr Jacobs who masterminded and evolved the modern idea of themed collections, over-the-top settings, and dramatic staging effects. His adeptness at these grand events grew alongside the expansion of digital media.
Seasoned pro: In the last 16 years, Mr Jacobs steered the Vuitton brand through a variety of successful phases, the most fruitful of which was the brand's obvious foothold in the 'logo-mania' trend of the early aughts. Source:DailyMailUK

In memory: Mr Jacobs recreated many of his most successful Vuitton moments for his final show, including a reinterpretation of the fountain he created for the label's fall 2010 show


Mr Jacobs now leaves Vuitton (which he joined in 1997), after starting its ready-to-wear business from scratch, as well as growing its overall commercial popularity and cool quotient.
In the last 16 years, Mr Jacobs steered the Vuitton brand through a variety of successful phases, the most fruitful of which was the brand's obvious foothold in the 'logo-mania' trend of the early aughts.

When he was appointed to Vuitton, the brand's holding company LVMH also bought a majority stake in his namesake brand and later helped him launch a diffusion line, Marc by Marc Jacobs, for spring 2001.
In memory: Mr Jacobs recreated many of his most successful Vuitton moments for his final show, including a reinterpretation of the fountain he created for the label's fall 2010 show. Source:DailyMailUK

Vogue editor Alexandra Shulman commented: "Marc has provided fashion with so much during his years at Vuitton.

"It's important to know how to exit, as well as arrive, and it's going to be exciting to see how this impacts on the creativity of his own line."


Nicolas Ghesquiere
And as for Louis Vuitton, while no announcements regarding Jacobs' successor have been made yet, former Balenciaga creative director Nicolas Ghesquiere is reportedly the frontrunner.

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Saturday, 12 October 2013

Future of Marc Jacobs at Louis Vuitton in doubt

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Jacobs greets the audience during his Spring/Summer 2014 collection show during New York Fashion Week September 12, 2013. Pic:Reuters/Eric Thayer
MARC JACOBS may be on the verge of leaving Louis Vuitton when his contract ends next month as designer's future at the French luxury brand remains unresolved, an industry source told Reuters on Wednesday 25 September 2013.

Since joining the group in 1997 Jacobs has steered Vuitton's growth into a global luxury brand which generates nearly 7 billion euros ($9.46 billion) of revenues a year and more than half of parent LVMH's (LVMH.PA) operating profits.

"His contract may not be renewed," the source told Reuters on condition of anonymity, without going into further detail. The French magazine Challenges this week said his departure had already been approved internally.

Marc Jacobs and Louis Vuitton declined to comment on Wednesday.
The potential move comes as the brand, famous for its LV-embossed canvas bags, is trying to regain some of its lost prestige, having failed to anticipate quickly enough consumers' move away from logo-branded products, particularly in China.

Louis Vuitton's sales growth has slowed down to 5-6 percent this year after decades of more than 10 percent annual sales growth, driven by an aggressive international expansion and demand in Asia, where it opened shops earlier than rivals.

Uncertainty about future growth at Louis Vuitton has been weighing on the stock price of LVMH shares which have gained 7 percent since the beginning of the year while the European luxury sector has gained more than 17 percent on average.

Marc Jacobs helped develop Louis Vuitton's women and men's ready-to-wear lines and runs his own eponymous brand which ranks among the most profitable smaller fashion subsidiaries within LVMH, fuelled by demand in the United States and Japan.

The Marc Jacobs brand also launched in August a cosmetics products line in the United States, exclusively distributed by Sephora, LVMH's beauty products retail chain.

"Nothing has been decided yet," a separate industry source told Reuters about Jacobs' contract.

On Tuesday Louis Vuitton announced it had hired Proenza Schouler accessories designer Darren Spaziani as part of its upmarket drive and efforts to beef up its high-end offering of leather bags.

Earlier this month, signs emerged that Louis Vuitton's revamp could be yielding results as the brand's new bags have been flying off the shelves since their summer launch, according to a Reuters survey of shops in Milan, Paris and London.

Looking ahead, names in the hat to replace Marc Jacobs include that of Nicolas Ghesquiere, a darling of fashion editors, who left Balenciaga last year after having successfully infused new life into the Kering (PRTP.PA) fashion brand.

Ghesquiere is regarded as close to Delphine Arnault, Louis Vuitton's deputy chief executive and one of LVMH's main talent-spotters. She is also the eldest child of Bernard Arnault, founder and chief executive of LVMH and France's richest man.

Industry sources said it was possible that Marc Jacobs's fashion show on October 2, as part of Paris Fashion Week, could be his last.

Jacobs introduced collaborations with famous artists such as Richard Prince, Takashi Murakami and Stephen Sprouse to help make Louis Vuitton bags more relevant to fashion followers.

"Marc Jacbos has done fantastic work at Vuitton but I think that today we need to reframe the leather goods and fashion proposition which has until now mainly been focused on the bags," a luxury goods expert said, declining to be named.

Content thanks: Reuters

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Sunday, 3 July 2011

Georgia May Jagger fronts Marc Jacobs’ latest campaign for charity


There is no doubt that Georgia May Jagger has indeed, rapidly fought her way to the top of the fashion industry.

So Georgia May Jagger must have seemed the obvious choice for Marc Jacobs' latest campaign. Jerry Hall and Rolling Stone, Mick Jagger 19-year-old daughter is using her beauty to positive effect, raising money for charity.

Fronting the  ‘Fight Like a Girl’ campaign, run in conjunction with Dublin boutique Brown Thomas, all proceeds are in aid of Fashion Targets Breast Cancer, a cause that is close to the young model’s heart.

The limited edition tote bag features a Jacobs character, Miss Marc, wearing boxing gloves, a tank top with the ‘Fight’ slogan emblazoned on it and a big grin.

The tote retails for about £25 in Brown Thomas stores and on line with all proceeds going to Action Breast Cancer and Europa Donna Ireland.

Delortae Agency thinks she looks great in the campaign and as you know we are active in promoting and supporting charity campaigns through our own luxury events that raise both money and awareness.