Nicolas Ghesquière
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Nicolas Ghesquiére has been named Artistic Director of Louis Vuitton and will be taking over the role from Marc Jacobs. The latter stepped down from his post in early October, which was widely expected as his contract was up in 2014. Jacobs left the position as he wanted to focus on his Marc Jacobs brand and possible IPO. "Louis Vuitton has always incarnated for me the symbol of ultimate luxury, innovation and exploration," Nicolas told WWD. "I am very honored of the mission that I am entrusted with, and proud to join the history of this great maison. We share common values and a vision."

The new Artistic Director of Louise Vuitton, Nicolas Ghesquiére, is the former Balenciaga Fashion Director who was ousted in favor of Alexander Wang late last year. Ghesquiére had been the vision of the French brand for 15 years reached a "joint decision to end their working relationship" at the end of November 2012. The fashion house founded by Spanish designer Cristóbal Balenciaga had a legal dispute shortly after Nicolas' exit when he criticized the management. "There wasn't really any direction. I began to feel as though I was being sucked dry, like they wanted to steal my identity while trying to homogenise things. It just wasn't fulfilling anymore," the designer told System magazine. ""I never had a partner, and I ended up feeling too alone. Over the last two or three years it became one frustration after another. It was really that lack of culture which bothered me in the end."

Nicolas Ghesquiére will lead Louis Vuitton and here are 5 things to know about the new Artistic Director: 1. He was born in Comines, Nord and raised in the small town of Looudun in western France. 2. At the age of 12 he decided he wanted to be a fashion designer and he did it to alleviate country boredom. He began sketching and making dresses out of his mother's curtains and earrings out of his grandmother's chandelier crystals. 3. When he completed his studies he became an assistant to designer Jean-Paul Gaultier 4. Nicolas landed a job at Balenciaga, licensing and designing for the Asian market, where he would eventually work his way up and helm the fashion house. 5. Ghesquière is known for his pairing of highwaisted skinny trousers with voluminous tops. 6. In 2001, he was named Womenswear Designer of the Year by the Council of Fashion Designers of America (CFDA). 7. He also made Time magazine's 100 Most Influential People of 2005 as "fashion's most sought-after and influential figure."

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