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Every morning, the blogosphere wakes up hoping for a screaming headline confirming that yes, Marc Jacobs is the new leader at Dior. This morning, however, WWD reports that the house is basically back at square one. Talks between Bernard Arnault (the head of LVMH, which owns both Dior and Louis Vuitton) Jacobs appear to have failed for a few reasons. Though money was the issue at first, it’s now about the Vuitton design team, all of whom Jacobs planned on taking with him to Dior, leaving LVMH with another gaping hole at Vuitton—a hole that Phoebe Philo, who was rumored to be Arnault’s choice for a post-Marc regime, allegedly has little interest in filling. Apparently, LVMH is still talking to Alexander Wang, Jason Wu and Raf Simons, all of whom have been mentioned before and could potentially work through this with Jacobs, though it sounds unlikely.