The rumor used to have it and it turned out nothing but the truth. The legendary Marc Jacobs is set to leave Louis Vuitton. According to LVMH, the last Marc Jacobs collection was presented for the spring 2014 season during Paris Fashion Week last month. Marc Jacobs is reported to leave due to his new drive towards his own brand which to be on the stock market.
The new designer has not been confirmed, however former Balenciaga designer Nicolas Ghesquière is known to be in talks.