LEAVES "SAINT LAURENT"
The news was confirmed today in a brief joint statement issued by Kering, the luxury group which owns the storied French brand. The 47-year-old’s contract as creative and image director expired on Thursday and will not be renewed after a “four-year mission, which has led to the complete repositioning of the brand.” “What Yves Saint Laurent has achieved over the past four years represents a unique chapter in the history of the house. I am very grateful to Hedi Slimane, and the whole Yves Saint Laurent team, for having set the path that the house has successfully embraced, and which will grant longevity to this legendary brand.” said François-Henri Pinault, chairman and chief executive officer of Kering. His successor is widely expected to be Belgian-Italian designer Anthony Vaccarello, who forged his experience at Versus Versace.