Riccardo Tisci is the new creative director of Burberry

The guessing is over as to who would become Christopher Bailey's successor at Burberry.

Yesterday, the British luxury fashion house announced that Ricardo Tisci will be its chief creative officer, effective March 12, 2018. The news puts an end to rumors which were circulating last year, that Tisci was to become the new creative director of Versace. There was also speculation that Phoebe Philo who left Celine, and Louis Vuittons Kim Jones were possible successors to Bailey.

'Riccardo is one of the most talented designers of our time,' said Burberry's chief executive officer Marco Gobbetti. 'His designs have an elegance that is contemporary and his skill in blending streetwear with high fashion is highly relevant to today's luxury consumer. Riccardo's creative vision will reinforce the ambitions we have for Burberry and position the brand firmly in luxury.'

'I am honoured and delighted to be joining Burberry as its new Chief Creative Officer and reuniting with Marco Gobbetti. I have an enormous respect for Burberry's British heritage and global appeal and I am excited about the potential of this exceptional brand,' Tisci said in a press statement.

Tisci will be based at Burberry's headquarters in London and will direct all Burberry collections. He will present his first for the brand in September of this year.

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