Louis Vuitton denies rumours of Nicolas Ghesquière's exit
Current Loewe creative director Jonathan Anderson was earlier reported as "the best candidate" to replace Ghesquière
We haven't seen the last of Nicolas Ghesquière at Louis Vuitton. A representative of the LVMH-held brand has struck down rumours that Ghesquière was leaving his position as creative director, adding that his contract only ends in November 2018.
Reuters reported the designer's supposed departure on Wednesday, quoting sources that claimed LVMH CEO Bernard Arnault was considering replacing Ghesquière with Loewe creative director Jonathan Anderson.
"Arnault is very fond of Anderson, everybody knows he adores him," a source told Reuters. "As of now, he is the best positioned to replace Ghesquiere." It was added in the report that the "timing and terms" of the reshuffle had not yet been determined, so whether this is an extremely advance plan or not, we're not likely to know until closer to November 2018.
A few other sources told Reuters that while Ghesquiere's leather goods have been selling well, his ready-to-wear collections have not.