Hedi Slimane has left LVMH’s Celine brand, marking the latest high-profile departure from a fashion label as the industry grapples with a sales downturn.
Fashion designer Hedi Slimane has left
has named Michael Rider as Slimane’s successor. Rider, who will start his new job early next year, worked alongside former Celine designer Phoebe Philo at Celine for over a decade. Slimane’s departure will intensify speculation about upheaval in the industry, where a number of top designers have moved jobs. One of the most coveted roles, creative director of Chanel, remains unfilled after the departure of Virginie Viard in June.
aimed to grow annual revenue at Celine to between €2 billion to 3 billion within five years, from close to €1 billion at the time. In January, at
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