Céline ditches the accent and welcomes Hedi Slimane . .
The future of Hedi Slimane at Celine is uncertain due to unresolved contract negotiations with LVMH. Slimane has been the brand’s leader since 2018 and during this time, he has made significant changes, including expanding the brand into menswear, couture, and beauty lines.
Despite initial sales declines, Slimane’s management helped Celine’s revenues soar to over $2.1 billion in 2023. However, Slimane’s contract with LVMH ended earlier this year, leading to complicated negotiations. Reports suggest that Slimane is demanding a salary above industry standards and royalties on all Celine products, indicating his desire for financial compensation and creative control.
While negotiations are ongoing, LVMH is considering other options, aware of the potential risks of losing another high-profile designer, particularly after recent vacancies in the conglomerate’s portfolio. The fashion world is closely watching the outcome of these negotiations, which could significantly impact Celine’s future direction and the broader landscape of luxury fashion.
