Marc Jacobs/Dior Negotiations Get Prickly As Jacobs Reportedly Asking for $10 Million Salary
Even in the midst of the small dramas happening at New York fashion week, the big story is still: Who’s replacing John Galliano at Dior? Although neither Marc Jacobs nor LVMH are talking, it’s been widely reported that they’re in negotiations for Jacobs to take the reins at Dior. And according to WWD, those talks just got a bit complicated.
Because of the increased responsibility that comes with the creative director position at Dior–namely two couture shows in addition to regular and pre-season collections–Jacobs and partner Robert Duffy are reportedly asking for a package that will put their salary in the “low eight digits.” That’s over $10 million, people.
The financial world is concerned about who the new Dior creative director will be, but maybe not as concerned as those in fashion.
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