Update (21/07): After rumours broke late last night that Louis Vuitton was considering replacing Nicolas Ghesquière as creative director, a spokesperson for the House has categorically denied that any change is taking place. BoF reports that the spokesperson clarified to them that "Ghesquière's five-year contract expires in November 2018" and therefore he would not be moving anywhere else before that date.
Original article (20/07): Multiple sources have reportedly confirmed to Business of Fashion that Nicolas Ghesquière's departure from Louis Vuitton is imminent. The sources say that Nicolas (who back in June expressed his desire to start his own label) "could depart as early as October" and that there is a clear frontrunner for his replacement.
Jonathan Anderson has been named as the successor of choice, with the sources telling the publication that both LVMH president Bernard Arnault and his daughter Delphine (who is second in charge at Vuitton) favoured the Irish designer as the next creative director for the luxury French brand. "Arnault is very fond of Anderson, everybody knows he adores him," one source said. "As of now, he is best positioned to replace Ghesquière."
LVMH initally declined to comment but has since "categorically denied" the rumours.