Louis Vuitton has renewed the contract of its womenswear artistic director Nicolas Ghesquière for another five years, the French luxury house said in a release Tuesday.
Ghesquière, who previously enjoyed a 15-year tenure at Balenciaga, has been in the role at Louis Vuitton since 2013, when he replaced Marc Jacobs.
Ghesquière has worked to increase the sophistication of the Louis Vuitton universe with a time-traveling aesthetic that blends references to Paris’ turn-of-the-century Belle Epoque with a magpie collage of elements plucked from sports, science fiction and pop culture as well as the silhouettes of 1970s and 1980s couturiers including Biba, Claude Montana and more.
His global, modern vision of woman has helped the brand grow double its revenues to a record €20 billion in annual sales last year.
“[Ghesquière’s] redefinition of the women’s universe at Louis Vuitton, including a sharp new ready-to-wear silhouette, iconic models of leather goods and shoes, and numerous astounding destination shows, has contributed in no uncertain terms to the maison’s success over the past decade. I am very much looking forward to continuing to pave the future of Louis Vuitton together.” said Pietro Beccari, Louis Vuitton’s chief executive.
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By pairing global recognition and potent brand signatures with an ultra-exclusive store network, the mythic couture house owned by Tod’s chairman Diego Della Valle is finding willing clients for its ready-to-wear expansion. The brand is set to lean into the momentum by opening as many as 40 locations, Della Valle revealed.
