Fashion designer Marc Jacobs gives praise to Alexander Wang and other young designers.

The Louis Vuitton creative director praised the Taiwanese clothing creator, along with other youngsters in the industry, and admitted that there is "always room" for new starters in fashion.

"People ask me about the younger designers, Alex Wang and all of them, I think they're great. I couldn't do what they do. It's not what I do. But just like in pop music and in the art world, people always want new work from the artist that they like but they also want new artists. I don't think one changes the other. There's always room for new designers, new musicians, new artists, new writers. Madonna, I don't think is showing any signs of slowing down, but that doesn't mean Lady Gaga isn't taking over the world."