And so the rumors are true: Nicolas Ghesquière is the next artistic director at Louis Vuitton.

The 42 year-old French designer will be taking over the reigns from Marc Jacobs, whose departure from the brand was in October - following the fashion house's Spring/Summer 2014 collection. Jacobs headed the brand for 16 years.

Ghesquière last served as the creative director for another major French fashion house: Balenciaga. Named the youngest creative director of the brand at the age of 25 (during the same year Jacobs took over at Louis Vuitton), Ghesquière left the brand after serving 15 years at his post over challenges with its parent company, Kering. “I began to feel as though I was sucked dry, like they wanted to steal my identity while trying to homogenize things," the French designer previously said.

Ghesquière's celebrity fans include the likes of Kristen Stewart and Jennifer Connelly.