Marc Jacobs Leaves Louis Vuitton

Jacobs held what will likely be his last show at the head of Louis Vuitton on Wednesday

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    Designer Marc Jacobs takes a bow on the runway at the Marc By Marc Jacobs fashion show during Mercedes-Benz Fashion Week Spring 2014 at Pier 57 on September 10, 2013 in New York City.

    French luxury conglomerate LVMH Moet Hennessy Louis Vuitton says Marc Jacobs is stepping down as creative director of its flagship brand Louis Vuitton.

    Jacobs, who is also the director of an eponymous brand, is one of the biggest names in the fashion industry.

    Under his tenure, Louis Vuitton became the most lucrative fashion house in the world, in part thanks to his creation of a ready-to-wear line.

    He held Wednesday what will likely be his last show at the
    head of Louis Vuitton.

    LVMH, which owns the Louis Vuitton brand and an array of other luxury names in everything from jewelry to champagne, would not say who would replace Jacobs or what his next move would be.