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Louis Vuitton's latest hire is Nicholas Ghesquière as the new Artistic Director of Women’s Collections. The former Balenciaga creative director is set to take over Marc Jacobs, who recently stepped down after a 16 year career to focus on his own eponymous label.

Vuitton said that Ghesquière would bring “a modern creative vision to the house’s women’s collections, building on the values of refinement, savoir faire and extreme quality” with the designer himself adding, “Louis Vuitton has always incarnated for me the symbol of ultimate luxury, innovation and exploration. 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.”

Ghesquière will unveil is first collection for the stored French luxury label in March of 2014 as Louis Vuitton celebrates its 160-year anniversary.