French Court Orders Kering To Pay Saint Laurent’s Former Creative Director Hedi Slimane $13 Million

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Hedi Slimane and the Kering-owned Saint Laurent officially parted ways in last April (see it¬†here). The news shocked the fashion realm, given the commercial success of¬†Slimane‚Äės designs.¬†Anthony Vaccarello, former creative director of Versace‚Äės sister line,¬†Versus is Slimane‚Äės successor.

Last week, donbleek.com reported that former Saint Laurent‚Äės creative director, Hedi Slimane¬†had¬†entered into legal proceedings with Kering because he wanted the company to reinstate the non-compete clause that it lifted at the time of his departure (see it here).

Reuters broke the news first and Kering confirmed the lawsuit in a statement and said it concerned Slimane‚Äės non-competition obligation. According to Reuters, ‚ÄúKering said it had lifted this clause at the end of Slimane‚Äôs contract, freeing him from this potential constraint.‚ÄĚ

It added that Slimane ‚Äď ‚Äúwho has designed clothes for celebrities including singer David Bowie and actor Brad Pitt ‚Äď is now requesting that this clause still be applied and that the financial compensation for it be paid.‚ÄĚ

‚ÄúKering said the disagreement does not alter the group‚Äôs recognition for Slimane‚Äôs contribution, who it said has reformed the fashion house during his four-year tenure as creative director.‚ÄĚ

A non-compete agreement can prevent an employee from taking a job that would put him or her in direct competition with an employer ‚ÄĒ so¬†in Slimane‚Äės case, joining another luxury brand as creative director ‚ÄĒ¬†for a specified duration of time.

In the latest news, it was just announced that Kering has been ordered to pay Slimane $13 million in a provisional court ruling in connection with the way his departure from the luxury French house was handled, according to a statement from Slimane‘s lawyer on Wednesday.

We won,” said Slimane‚Äôs lawyer, Herve Temime. “I’m happy because this it‚Äôs a natural outcome. The contract terms were absolutely clear.”

As a result of the recent developments, Slimane will almost certainly be barred from working for a competing house ¬†for a few months up to a year‚Äď such as Chanel, where he was rumored to be replacing Karl Lagerfeld.¬†It is still¬†rumored that Slimane¬†will take the helm at Calvin Klein. Stay tuned for more details!

Kering, a Paris-based luxury conglomerate also owns Alexander McQueen, Gucci, Stella McCartney, Balenciaga, Bottega Veneta, Brioni, Puma, among other brands.

Photos Credit: Courtesy

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Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.