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Designer July 20, 2016
By Snobette
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Designer

Nicolas Ghesquière May Be Out At Louis Vuitton

Nicolas Ghesquiere Louis Vuitton

July 20, 2016. 1 Comment

UPDATE: According to Business of Fashion, “Louis Vuitton has categorically denied the report.”

Read the original story below:

The head designer revolving door trend among luxury brands continues, with rumors emerging that LVMH boss Bernard Arnault is considering ousting Louis Vuitton‘s women’s head designer Nicolas Ghesquière, possibly as early as October, following the label’s presentations for spring. Ghesquière, 45, has lead the label for close to three years and prior to that was head creative for Balenciaga.

According to Reuters, the label is said to be considering replacing him with up-and-coming designer J.W. Anderson, who currently leads LVMH brand Loewe and is viewed as a better talent by LVMH No. 2 in command, Arnault’s daughter, Delphine. LVMH has declined to comment on the matter.

Louis Vuitton is the world’s largest label within the luxury category, a segment that has seen its share of struggles over the past few years, hurt by economic stagnation and anti-corruption policies in China as well as changing fashion trends that have created headwinds for the bag and perfume categories.

 

 

Designer Bernard Arnault J.W. Anderson Louis Vuitton News Nicolas Ghesquière

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Givenchy reative director Matthew M. Williams will Givenchy reative director Matthew M. Williams will step down from the role following a three-year stint with the LVMH-owned label. Williams will present his final collection with a men's and women's pre-fall 2024 collection, to be unveiled in the coming days. 

Leading the creative direction of Givenchy was, as I said upon my arrival in 2020, the dream of a lifetime,” Williams said in the statement. “Over these three years, I have strived to perpetuate Mr. Hubert de Givenchy’s legacy while bringing my own creative vision and I would like to sincerely thank the studio, Renaud de Lesquen and LVMH for this incredible opportunity.”

While Williams was credited with the buzzworthy Shark boot and Voyou handbag, he was often derided by the online fashion community for falling short of achieiving the same level of buzz and cool when the label was under Riccardo Tisci's creative direction from 2005 to 2017.

Williams will continue to head creative direction for his own label, 1017 Alyx 9SM, which recently announced plans to ramp up production and expand door count through a parntership with Adrian Cheng, a Hong Kong entrepreneur.
Givenchy and Matthew M. Williams bid farewell afte Givenchy and Matthew M. Williams bid farewell after three years. Effective January 1, 2024, change is embraced with optimism, as Givenchy expressed in a brief  statement with WWD. 

Williams' departure coincides with the conclusion of his initial contract and the dawn of a strategic partnership with Hong Kong entrepreneur Adrian Cheng. Together, they chart the course for the evolution of 1017 Alyx 9SM, envisioning freestanding boutiques and an amplified presence in jewelry, shoes, and accessories. 

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