Last month rumours began to circulate that John Galliano will serve as the artistic director at Schiaparelli. While the reports were denied by his rep, his appointment does seem to make sense. The brand officially announced their comeback on the eve of the Met Gala as we all expected, and there's no denying that the fashion industry is desperate to have Galliano back. Sadly though, Stefano Tonchi dashed our hopes yesterday on the red carpet of the event.

'There's a lot of designers that I think would do a great job,' he told The Cut. Very soon they will make the announcement, so I already know a little bit too much. But I thought that it could be fun to have John back doing it - as in, Galliano.' As Charlotte Clowes points out, 'thought' suggests that any hope of Galliano coming back are pointless. He added: 'But you know, that too much of a risky proposition probably. At least for America. But I think he's really talented.' According to Vanessa Friedman, the announcement will take place in September followed by the brand's first show next March during Paris Fashion Week.

Are you excited?