Marc Jacobs steps down as creative director at Louis Vuitton

Paris: French luxury conglomerate LVMH Moet Hennessy Louis Vuitton says Marc Jacobs is stepping down as creative director of its flagship brand Louis Vuitton.[caption id="attachment_1147975" align="alignleft" width="380"] Louis Vuitton shop. AFP image [/caption]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.At what will likely be his last show at the head of Louis Vuitton on Wednesday, he channeled black with combative headdresses.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.AP