Karen Harvey

Rumors have already begun to swirl as Coach casts a wide net to find a it's new creative director. Marc Jacobs has been named on a 'dream list of candidates' and has ignited a flury of chatter WWD reported. Will his contract at Louis Vuitton will be renewed when it expires at the end of the year? Will Jacobs and his partner LVMH Moët Hennessy Louis Vuitton choose the same path as Michael Kors and go for an initial public offering of his Marc Jacobs brand?

Luxury fashion house J. Mendel announced that Susan Sokol will step down as President and Chief Operating Officer of the company, and will transition her duties over the coming weeks.