Designer Marc Jacobs Leaves Louis Vuitton - Source - Presented by: The Aol. On Network

By Astrid Wendlandt and Pascale Denis PARIS (Reuters) - Star designer Marc Jacobs is leaving Louis Vuitton after 16 years with the fashion brand, a source close to the French company's parent LVMH said on Wednesday. Jacobs steered Vuitton's growth into a global luxury brand which generates more than 7 billion euros ($9.46 billion) of revenues a year, contributing half of LVMH's operating profits.



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