Bernard Arnault | the CITIZENS of FASHION

Bernard Arnault, Marc Jacobs and Robert Duffy backstage at the Louis Vuitton spring 2014 show.

Marc Jacobs talks about his exit from Louis Vuitton and his future with WWD

October 3, 2013 by The CoF

Post-show WWD sat down with Jacobs, Duffy and LVMH chairman, Bernard Arnault, to talk about what happens next. By BRIDGET FOLEY WWD reported on Monday that negotiations had reached a critical juncture, with the timing of Jacobs’ swan song still up in the air. “Mr. Arnault left it to Robert and me,” Jacobs said. “Two weeks ago when I arrived back in Paris, he said, ‘The future of Marc Jacobs will require so much of your and Robert’s attention that at some point […]

Categories: Fashion, News • Tags: Bernard Arnault, Interview, Louis Vuitton, LVMH, Marc Jacobs, wwd.com

WWD : Officially ,Marc Jacobs Exits Vuitton

October 2, 2013 by The CoF

By BRIDGET FOLEY,with contributions from Miles Socha for wwd.com : LVMH chairman and ceo Bernard Arnault, together with Jacobs and his long-time business partner Robert Duffy, confirmed the developments to WWD following months of speculation. The applause that rang out moments ago from the vast tent in the Cour Carrée of the Louvre signaled the end of Jacobs’ tenure as creative director for the storied French house and the official beginning of Jacobs’ IPO preparation. The offering should occur within the next three years. WWD first reported on June 10 LVMH’s interest in […]

Categories: Fashion, News, People • Tags: Bernard Arnault, Louis Vuitton, LVMH, Marc Jacobs, Robert Duffy

Dolce And Gabbana Named Billionaires

January 17, 2013 by The CoF

DOMENICO DOLCE and Stefano Gabbana have been named billionaires for the first time, according to Bloomberg’s Billionaires Index. Their eponymous label is valued at $5.3 billion (£3.3 billion), taking into account the €1.1 billion (£910,000,000), the firm made before tax and interest in 2011. Dolce, who owns a 41.8 per cent stake in the brand, is thought to have a net worth of $2.2 billion (£1.3 billion), Gabbana controls a 40 per cent stake – accumulating in an estimated wealth of $2.1 billion (£1.3 billion). The designer […]

Categories: Fashion • Tags: Bernard Arnault, Bill Gates, Carlos Slim, Dolce & Gabbana, LVMH, Microsoft, Net worth, Sandro Veronesi

Marc Jacobs Confessions

January 11, 2013 by The CoF

Marc Jacobs / Photo By John Aquino In what was his second Q&A this week, Marc Jacobs got up close and personal with Fern Mallis Wednesday night at 92Y in New York.During their 90-minute chat, the designer sailed through his New York childhood, punching the clock at Fiorucci (where he introduced himself to Calvin Klein) and later at Charivari (where he met Perry Ellis, who told him to go to Parsons) early on, and rehashing the many speed bumps he and […]

Categories: Fashion, People • Tags: Bernard Arnault, Jacobs, John Galliano, Louis Vuitton, Marc Jacob, New York City, Perry Ellis, Victoria Beckham