23 May '18, 12pm

via @BoF

PARIS, France — Nicolas Ghesquière is not leaving Louis Vuitton , the French luxury brand confirmed this morning, ruling out speculation that LVMH chief Bernard Arnault is considering a change of creative director at the French luxury house. Specific terms of the deal were not disclosed. “I am very happy that we are continuing our journey with Nicolas,” said Arnault, in a statement. “He has been able to make the Louis Vuitton woman contemporary, resulting in major commercial success.” Indeed, since taking the reins at Louis Vuitton as artistic director of women’s collections in 2013, Ghesquière is credited with re-energising and re-elevating the French house’s fashion offering, restoring its high luxury cachet, as well as breathing new life into the brand’s handbag offering, introducing several higher-priced seasonal styles , like the Petite Malle, which have since become ...

Full article: https://www.businessoffashion.com/articles/news-bites/nic...

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