Wednesday, February 8, 2023

Hedi Slimane Wins $11.5 Million In A Lawsuit From Saint Laurent

Hedi Slimane held the position of creative director for Dior Homme from 2000 to 2007, he was also the creative director for Yves Saint Laurent from 2012 to 2016, he exited the brand in March 31 2016. Hedi is best known for infusing rock ‘n’ roll aesthetics into the french house YVSL, the designer painted an edgier, and younger picture of the brand t0 the world.  A French court ruled over Hedi Slimane’s lawsuit against the luxury group Kering SA, according to the ruling, Slimane has been underpaid by as much as 9.3 million euros ($11.5 million) after taxes for his last year of service.

In 2016, the 49-year-old had received net pay of 667,000 euros even after sales at Kering’s Yves Saint Laurent SAS division roughly tripled during the four years he was creative director. Kering had a spokesperson comment on the ruling, according to the spokesperson for the kering group, they had future plans of appealing to the court as pertaining its ruling on the legal issue.

A spokesman for Kering said the company planned to appeal the court’s decision, but declined to comment further. Slimane’s lawyer, Herve Temime, said his client wouldn’t issue a statement on the case.

 

 

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