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