The good money is on someone else from under the LVMH umbrella - there's the choice of Riccardo Tisci, currently at Givenchy, Celine's Phoebe Philo, Marc Jacobs who's currently heading up Louis Vuitton, and Emilio Pucci's Peter Dundas.
But, of course, there's a whole industry of names out there. There is continual speculation about Stefano Pilati's position at YSL, although the label maintains that he's sticking around, his name is one of a handful cropping up in whispers. Alber Elbaz is also being mentioned, thanks in part to the ultra-feminine signature that he's forged at Lanvin that could translate to Dior. Jean Paul Gaultier could step in - after all, he gave up his position at Hermes last season and perhaps would welcome a role at another big fashion house.
And it's not just those already in residence with a big label who are being talked about - even the Rodarte design duo, Kate and Laura Mulleavy, and the UK's own Erdem Moralioglu are being discussed on the front row. Essentially, the possibilities are endless.
But there may be another outcome altogether - in the International Herald Tribune, Suzy Menkes is reporting a rumour that Galliano is not going to be dismissed without a fight and that he 'now has retained the London lawyer Gerrard Tyrrell, of Harbottle and Lewis, who represented the model Kate Moss in 2005 when she was accused of cocaine use.' Watch this space...