Hedi Slimane makes progress in Kering legal fight
Hedi Slimane has reportedly made progress in his legal fight against Kering.
A commercial court in Paris has ruled that the French designer should have access to financial information regarding Yves Saint Laurent, reports Reuters.
Slimane held a four-year tenure as creative director of the fashion house until his departure earlier this year (16).
In his legal battle, Slimane has requested access to the sensitive information, which has been challenged by GG France Holding, part of luxury conglomerate Kering and the main shareholder of Yves Saint Laurent.
Leon del Forno, speaking on behalf of the Temime law firm acting for Slimane, told the news outlet that the designer was "extremely satisfied" by the ruling. A spokesperson for Kering had no comment to make on the court decision.
In June (16), Kering was ordered in a separate, interim court ruling to pay Slimane $13 million (£10.4 million) regarding the way his departure from the company this year was handled. The 48-year-old sued Kering after the company did not apply the non-compete clause in his contract, thus shorting him of a significant sum.
However, in a statement Kering said it planned to appeal against the verdict.
Typically, non-compete agreements prevent an employee from taking a job that would put them in direct competition with an employer for a specified duration of time.
Slimane's departure from Yves Saint Laurent and the subsequent court battle made waves in the fashion industry given the high-profile status of Slimane, who has designed clothes for the likes of Madonna, Nicole Kidman, Mick Jagger and Brad Pitt among others.
Anthony Vaccarello has succeeded Slimane at the design helm of Saint Laurent, and showed his first
collection for the brand in the spring 2017 season at Paris Fashion Week.