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Marc Jacobs reportedly quits Louis Vuitton top job

According to a report by Women's Wear Daily, Louis Vuitton artistic director Marc Jacobs is stepping down from the position he has held since 1997. His imaginative catwalk shows have historically been the hottest ticket during Paris Fashion Week - and for good reason. Even last year, his collection was launched with a train driving alongside the catwalk. It's believed that he is leaving the position to focus on his own Marc Jacobs label, which is part owned by Louis Vuitton Moet Hennessy.

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