That Nicolas Ghesquière would succeed Marc Jacobs as artistic director of Louis Vuitton had been all but confirmed except by the house itself -- until this morning.
Following months of speculation, Louis Vuitton announced via Twitter that Ghesquiere is in fact the new artistic director of women's ready-to-wear, effective immediately. His first collection, for fall 2014, will hit the runway in March.
Speculation began in June that Ghesquière would succeed Jacobs, gaining further credibility when Jacobs announced that his spring 2014 collection for Vuitton would be his last. Ghesquiere left Balenciaga, where he'd been creative director since 1997, exactly one year ago.
While it's still difficult to picture a Louis Vuitton collection with someone other than Marc Jacobs at the end of the runway, we have no doubt Ghesquière will do great things. His talent with designing exclusive, must-have handbags is in line with LVMH's "hyper-luxury" vision for the brand. Still, Vuitton is a lot bigger than Balenciaga -- it's the biggest luxury brand, period, in fact -- and Ghesquière will be tasked with making sure things stay that way.