LVMH: Marc Jacobs to leave Louis Vuitton?
BUY, Fair Value EUR160 (+9%)
There are some rumours that the contract between Marc Jacobs and Louis Vuitton will not been renewed at the end of 2013. Marc Jacobs is Louis Vuitton’s Artistic Director since 1997 when he began to develop the ready-to wear lines at LV. He worked for more than15 years with the former LV CEO Yves Carcelle.
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