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“High-ranking industry sources” have confirmed to The Daily that Marc Jacobs will replace John Galliano as creative director at Christian Dior.

A Marc Jacobs spokesperson could not be reached for comment as Marc Jacobs and Robert Duffy are both out of the office (The Daily speculates the two may be in Paris, negotiating the deal with Dior). However a Dior spokesperson was reached and they said, “I have no comment,” which we all know is code for “probs.”

The news comes on the heels of WWD‘s report that LVMH chair Bernard Arnault was in talks with Jacobs about taking over at Dior, and that, following Jacobs departure from Louis Vuitton, Celine designer Phoebe Philo would fill his shoes at Vuitton.

Although no official statement has been made, an announcement sounds imminent and our bet is that Jacobs has indeed nabbed the spot at Dior.