Marc Jacobs and his business partner, Robert Duffy, are in talks with Christian Dior CEO Sidney Toledano for the duo to join the label (which was formerly designed by John Galliano). Recently, salary requests for Jacobs and Duffy have been publicized in excess of $10 million.
Though the talks have supposedly stalled, if negotiations come to fruition, Jacobs’ new job would make him one of the highest-paid designers in the world. As he already creates an eponymous collection, a secondary line (Marc by Marc Jacobs), and is the creative director at Louis Vuitton, we’re almost surprised he isn’t among the group already.
Beyond the potential salary, this move would hold something else new for Jacobs — he’d be designing two haute couture collections a year. We’d like to see that, as might LVMH’s investors (Christian Dior is LVMH’s main holding company). As the news broke on Jacobs’ possible new job, LVMH’s share price remained steady.