Ackermann was named creative director of the LVMH-owned menswear label in September 2016 but his tenure proved short. The announcement on Friday immediately fueled speculation about if Kris Van Assche will replace him.
The Hyères International Festival of Fashion and Photography has named the Berluti creative director as head of its fashion prize jury, while the Koché founder and designer takes charge of accessories.
And they are off. Applications opened Friday for aspiring talent in the LVMH Prize, the most financially beneficial annual award in fashion. Young hopefuls - limited to under 40 years - have until February 4 to apply.