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Fashion designer Hedi Slimane has left LVMH’s Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the industry .
At the time, Celine’s sales were close to €1 billion. Five years later, sales reached an estimated €2.6 billion in 2023, per HSBC, making it LVMH’s third largest fashion brand after .
Fashion designer Hedi Slimane has left LVMH’s Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the industry grapples with a sales. At the time, Celine’s sales were close to €1 billion. Five years later, sales reached an estimated €2.6 billion in 2023, per HSBC, making it LVMH’s third largest fashion brand after Louis Vuitton and Dior — overtaking Fendi in terms of revenue. At the time, Celine’s sales were close to €1 billion. Five years later, sales reached an estimated €2.6 billion in 2023, per HSBC, making it LVMH’s third largest fashion brand after Louis.
PARIS, Oct 2 (Reuters) - Fashion designer Hedi Slimane has left LVMH's (LVMH.PA) Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the. Under Slimane, CELINE’s sales rose from nearly €1 billion to €2.6 billion in 2023, making it LVMH’s third-largest fashion brand, overtaking Fendi. Slimane also introduced CELINE fragrances in 2019, with a makeup line slated to debut soon. How Hedi Slimane Doubled Celine Sales. The brand, which has surpassed €2 billion in annual revenue, celebrated its momentum with a fashion show-meets-concert in Los Angeles, where the biggest rock star was arguably the designer. Business of Fashion reported that Celine’s revenue reached €2 billion in 2023, and was likely even closer to €2.5 billion, making it LVMH’s third largest brand behind Louis Vuitton and Dior.
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Hedi Slimane is bidding adieu to Celine. The 56-year-old designer is leaving the French maison after nearly seven years at the top. LVMH, the owner of Celine, announced the leadership change. It took only minutes after LVMH announced that Hedi Slimane would be leaving Celine for the Chanel speculation to start. After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.
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Fashion designer Hedi Slimane has left LVMH’s Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the industry grapples with a sales. At the time, Celine’s sales were close to €1 billion. Five years later, sales reached an estimated €2.6 billion in 2023, per HSBC, making it LVMH’s third largest fashion brand after Louis Vuitton and Dior — overtaking Fendi in terms of revenue.
At the time, Celine’s sales were close to €1 billion. Five years later, sales reached an estimated €2.6 billion in 2023, per HSBC, making it LVMH’s third largest fashion brand after Louis.PARIS, Oct 2 (Reuters) - Fashion designer Hedi Slimane has left LVMH's (LVMH.PA) Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the.
Under Slimane, CELINE’s sales rose from nearly €1 billion to €2.6 billion in 2023, making it LVMH’s third-largest fashion brand, overtaking Fendi. Slimane also introduced CELINE fragrances in 2019, with a makeup line slated to debut soon. How Hedi Slimane Doubled Celine Sales. The brand, which has surpassed €2 billion in annual revenue, celebrated its momentum with a fashion show-meets-concert in Los Angeles, where the biggest rock star was arguably the designer. Business of Fashion reported that Celine’s revenue reached €2 billion in 2023, and was likely even closer to €2.5 billion, making it LVMH’s third largest brand behind Louis Vuitton and Dior.
Hedi Slimane is bidding adieu to Celine. The 56-year-old designer is leaving the French maison after nearly seven years at the top. LVMH, the owner of Celine, announced the leadership change. It took only minutes after LVMH announced that Hedi Slimane would be leaving Celine for the Chanel speculation to start.
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