Riccardo Tisci: Dior Bound?

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Riccardo Tisci is rumored to be replacing John Galliano at Dior.

Will Givenchy's Riccardo Tisci succeed John Galliano at Dior?

A tweet from Harper's Bazaar editor-at-large Derek Blasberg has set the fashion world ablaze with speculation that Tisci accepted the highly coveted job at the French fashion house.

"I was just told backstage at the @KatyPerry concert (of all places!) that Riccardo Tisci is CONFIRMED at Dior," Blasberg tweeted late on March 8.

Though there's been no official comment on the rumor, Tisci—a Central Saint Martins grad who has been the creative director of Givenchy since 2005—is currently the odds-on favorite (5/4) to take over for the ousted Galliano, according to British bookies Paddy Power.

While Alber Elbaz's and Haider Ackermann's names have also been tossed in the hat, insiders say that Tisci's existing niche within the LVMH family could give him a leg up on the competition. And with Dior being LVMH's prestigious label, a stint there could be enough to tempt the Italian designer.

Still, we don't expect Dior to officially announce a hire until Galliano's termination has been finalized. And given Tisci's recent assertion that "I'm happy at Givenchy" to, we'll be taking this news with a grain of salt.

Stay tuned ...