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Saying 'No' To Anna Wintour Isn't An Option For Marc Jacobs

Filed under: Marc JacobsAnna WintourVogueLVMHLouis Vuitton

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There's one person in the world that Marc Jacobs can't say 'no' to and that's Anna Wintour.

He told the Wall Street Journal:

"If I get a request for something, there aren't two possible answers. First I get an email, then a phone call from someone at Vogue, and now I don't even bother to say no - I know the next call is from her."

Hey, if Anna suggested your name to LVMH CEO Bernard Arnault as a good designer to takeover Louis Vuitton, you probably wouldn't say no either.

[Image via WENN.]

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Fashion Leaders Are Among The Richest In The World

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Mexican Telecom businessman Carlos Slim Helu might be the richest man in the world with a net worth of $74 billion, but he’s also joined by several fashion leaders.

In fact, Bernard Arnault, pictured above, come in at the number four spot making him the richest fashion businessman in the world worth $41 billion! Arnault owns the LVMH conglomerate which controls some of the top labels around like Louis Vuitton, Dior, and Givenchy.

Amancio Ortega, who founded Zara, come in at number seven with $31 billion.

H&M chairman, Stefan Persson, has a pretty big bank account as well, being worth $24.5 billion on the number thirteen spot and is followed by Liliane Bettencourt, heir to L'Oreal, at number fifteen worth $23.5 billion.

Even Salma Hayek’s father-in-law, Francois Pinault, is on the list at number 67 with an $11.5 billion worth. Pinault owns PPR which includes Gucci, YSL, Alexander McQueen, Stella McCartney, and Puma.

Looks like there's a lot of money to be made in the fashion industry.

[Image via WENN.]

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Unkle Karl Slams Galliano

Filed under: Karl LagerfeldLVMHJohn Galliano

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There's at least one person in the fashion industry who won't be supporting John Galliano, and that's Karl Lagerfeld.

The designer said in a statement:

"I’m furious, if you want to know. I’m furious that it could happen, because the question is no longer even whether he really said it. The image has gone around the world. It’s a horrible image for fashion, because they think that every designer and everything in fashion is like this. This is what makes me crazy in that story. The thing is, we are a business world where, especially today, with the Internet, one has to be more careful than ever, especially if you are a publicly known person. You cannot go in the street and be drunk — there are things you cannot do… I’m furious with him because of the harm he did to LVMH and [chairman and ceo] Bernard Arnault, who is a friend, and who supported him more than he supported any other designer in his group, because Dior is his favorite label. It’s as if he had his child hurt."

You know Unkle Karl does have a good point.

With all the technology that's out there, celebs should be more cautious with what they do and say because as soon as it leaves their lips it can be on the internet.

Are U listening Patricia Field and Franca Sozzani???

[Image via WENN.]

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LVMH Buys More Shares Of Hermes

Filed under: Business BlitzLVMH

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So much for not letting them gain anymore equity.

LVMH announced on Tuesday they now own 20% of the Hermes International's shares.

However, the family-owned company's doing everything they can to keep Bernard Arnault's grubby little paws off even more shares.

After LVMH acquired 17% of the shares in October, Hermes set up a private holding company that will own more than half of the company shares.

[Image via AP Images.]

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New Reports Claim Carine Roitfeld Was Fired!

Filed under: FrancophiliaBalenciagaVogueLVMH

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Rumors are swirling that Carine Roitfeld was actually fired or as the French would say "mise pied" from her post at French Vogue.

Numerous sources say that Conde Nast was fed up with all the bad press the editor-in-chief was getting.

Earlier this year Carine was blacklisted from Balenciaga after she allegedly helped Max Mara knock off their designs before they were returned to the French fashion house.

But that wasn't the only label she pissed off.

LVMH's Bernard Arnault was none too pleased with the latest issue of Vogue Paris. Apparently their weren't enough LVMH credits and thought an editorial with young girls was in "poor taste". Arnault even threatened to pull all the luxury group's ads from the next issue.

Yikes.

Employees at French Vogue say they came to work on Friday with an email that said Roitfeld was "mise pied", which basically means Conde Nast fired her.

Inneresting.

What do U think happened???

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  • I'm not sure. (19%)
  • Nah! She left on her own. (11%)
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[Image via Daniel Deme/WENN.]

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