×
102 822
Fashion Jobs
L'OREAL GROUP
Salon Business Partner (Saloncentric) - Temecula, ca
Permanent · Temecula
L'OREAL GROUP
Manager, CRM & Digital Platforms
Permanent · New York
SALLY BEAUTY CORPORATE
Field Sales Manager - Cosmoprof
Permanent · Minneapolis
SALLY BEAUTY CORPORATE
Field Sales Manager - Cosmoprof
Permanent · Kansas City
TAPESTRY
Associate Manager, Site Merchandising Lifestyle
Permanent · New York
TAPESTRY
Manager, Materials Development & Sourcing
Permanent · New York
JOCKEY
Area Manager - Pacific Northwest
Permanent · Woodburn
MICHAEL KORS RETAIL INC
Part Time Sales Supervisor, Crabtree Valley Mall, Raleigh, nc
Permanent · Raleigh
MICHAEL KORS RETAIL INC
Full-Time Sales Supervisor Streets at Southpoint Mall; Durham, nc
Permanent · Durham
BANANA REPUBLIC
General Manager- Outlets of Maui
Permanent · Lahaina
BANANA REPUBLIC
General Manager- Colorado Mills
Permanent · Lakewood
NORDSTROM INC
2nd Shift Wrap Area Manager Warehouse - West Coast Omni Center, Riverside, ca
Permanent · Riverside
NORDSTROM
Asset Protection - Security Ambassador - Riverwalk Outlets Rack
Permanent · New Orleans
NORDSTROM
Asset Protection - Security Ambassador - Mission Valley Rack
Permanent · San Diego
NORDSTROM INC
Business Analyst -Inventory Integrity And Quality-Wcoc-Riverside, ca
Permanent · Riverside
OLD NAVY
Assistant General Manager, Merchandise - Regency Square
Permanent · Brandon
OLD NAVY
Asset Protection Agent - Warwick Mall
Permanent · Warwick
ADIDAS
Senior Manager Global Procurement
Permanent · Portland
ADIDAS
Senior Product Owner - Digital Observability
Permanent · Portland
ADIDAS
Manager Ctc Global Merchandising
Permanent · Carlsbad
ABERCROMBIE AND FITCH CO.
Financial Analyst, Inventory Control
Permanent · Columbus
ABERCROMBIE AND FITCH CO.
Enterprise Business Solutions Analyst
Permanent · Columbus
By
Reuters
Published
Apr 4, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Designer Vaccarello to replace Slimane at YSL

By
Reuters
Published
Apr 4, 2016

French luxury group Kering is expected to announce as soon as Monday that Belgian designer Anthony Vaccarello will be the new creative director of fashion brand Yves Saint Laurent, a source told Reuters on Friday.

Vaccarello will replace Hedi Slimane, whose departure was announced earlier by Kering. The company declined to comment on the succession.


Anthony Vaccarello on the cover of DSectionMagazine - Photographed by @Fred_lalaland


"It has been signed. It should be announced on Monday," the source with first hand of the matter told Reuters, on condition of anonymity.

Vaccarello, who specializes in designing the "little black dress" and is a fan of asymmetric designs, has been rumored as a potential replacement for Slimane as he will be able to provide more of the same rock chic designs that have proved so popular for the Yves Saint Laurent brand.

The source added that before Vaccarello accepted the job he agreed to stop developing his own brand and to focus solely on Yves Saint Laurent (YSL).

When Slimane arrived in 2012, he stamped his identity on Yves Saint Laurent and turned it into a grunge label that found favor among wealthy fashion-conscious buyers and became Kering's fastest growing brand.

Known for controlling everything from advertising campaigns that he shot himself to the content, look and feel of the brand's website, Slimane had renamed the label Saint Laurent, but Kering referred to the brand as Yves Saint Laurent in its statement on Friday.

Slimane helped more than double YSL's sales to 974 million euros ($1.1 billion), making it one of only a few fashion brands to have achieved revenue of around $1 billion, along with Qatari-controlled Valentino.

Analysts estimate YSL will contribute around 12 percent of Kering's operating profit growth over the next three years.

Citi analysts said YSL's strong sales growth "was partly driven by the favorable halo effect from a star designer like Hedi Slimane", as well as a successful transition into leather goods. They also noted its operating margin had reached a record 20 percent in the second half of 2015.

"We expect Kering management to have a credible contingency plan and be in a position to announce his successor soon," the Citi analysts said.

YSL sits alongside sister brand Gucci, which generates more than half of the group's operating profit. Kering also owns Balenciaga, Stella McCartney and Alexander McQueen, and controls sports brand Puma.

Slimane's departure comes as Christian Dior is still looking for a replacement after the unexpected departure of Raf Simons last autumn. Lanvin, meanwhile, has just appointed Bouchra Jarrar to replace Alber Elbaz, who left abruptly in October.

 

© Thomson Reuters 2021 All rights reserved.