Stellene Volandes: You know, this is my dream come true, talking to you about jewelry. Are you wearing pearls? Marc Jacobs: That I wear every day. I’ve wanted a strand of pearls for years ...

A major watch buff, Marc Jacobs is an avid collector who regularly scours auction house catalogs. Now he’s designed a few timepieces himself: the three-style Emprise collection for Louis Vuitton.