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It looks like the Marc Jacobs for Dior star is fading. The latest reports say negotiations have hit the rocks and Dior is discreetly ramping up efforts with other designers. The main contenders are said to be Alexander Wang, Raf Simons and Jason Wu, with Riccardi Tisci still on the short list.

It's possibly that Jacob's professed desire to take his creative team with him to Dior, leaving Louis Vuitton a bit in the lurch. The fact that all these fashion houses fall under the LVMH Moët Hennessy Louis Vuitton umbrella could simplify matters, but in this case seems to complicate them.