Designer Marc Jacobs leaves Vuitton to float own brand

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US designer Marc Jacobs appears at the end of his Spring/Summer 2014 women's ready-to-wear fashion show for French fashion house Louis Vuitton during Paris fashion weekBy Astrid Wendlandt and Pascale Denis PARIS (Reuters) – Marc Jacobs, the star designer who turned Louis Vuitton from a staid luggage-maker into the world's biggest luxury brand, is leaving to take his own label public, a source close to the French company's parent, LVMH, said on Wednesday. The move follows a series of leadership changes at Louis Vuitton, LVMH's biggest source of profit and revenue, aimed at helping the brand regain some of its lost prestige after a decline in sales growth over the past year. …