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Hedi Slimane in Talks to Resign as Creative Director of CELINE

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Hedi Slimane in Talks to Resign as Creative Director of CELINE

Hedi Slimane in Negotiations with LVMH Group, Possible Departure from CELINE

According to a report by Business of Fashion, Hedi Slimane, the current creative director of CELINE, is in talks with LVMH Group and may potentially resign from his position.

Slimane took over as creative director of CELINE in 2018 following the departure of Phoebe Philo. During his time at the brand, Slimane has expanded CELINE into menswear, haute couture, fragrance, and cosmetics, all while infusing his signature all-black, slim-fitting aesthetic into the designs.

While there was initially a decline in sales after Slimane took the helm, consumer acceptance of Phoebe Philo’s minimalist aesthetic reinvention has seen a resurgence in the brand’s revenue. Business of Fashion reports that CELINE is projected to exceed $2.1 billion in revenue by 2023, marking a new high for the brand.

Slimane is said to be negotiating a new contract with LVMH, demanding an above-average salary, royalties on all products, and full creative control over the brand. His current contract with LVMH is set to end in early 2024, with both parties still actively in negotiations.

As of now, no official announcements have been made regarding Slimane’s potential departure from CELINE. Interested readers are advised to stay updated on the developments of this story.

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