PARIS, France — Rumor has it Bernard Arnault is considering replacing current creative director Nicolas Ghesquiere at Louis Vuitton with Jonathan Anderson. The matter is actively being discussed at LVMH, however LVMH declines to comment on a decision.

Without a doubt if Nicolas Ghesquiere was to leave Louis Vuitton, we're more than sure he'll develop his own successful label. His time has come.

Ghesquière worked at Balenciaga before joining Louis Vuitton. By October, he will have been at the French label for three years.