Why Hedi Slimane Is Leaving Celine

For months, Celine designer Hedi Slimane has been engaged in a thorny contract negotiation with owner LVMH that could lead to the designer’s departure from the brand, sources familiar with the matter say. Since LVMH chairman Bernard Arnault installed Slimane six years ago, the star designer has transformed Celine, launching menswear (leaning into his trademark skinny silhouette), perfume and, most recently, beauty, in addition to reconnecting its womenswear image to the house’s historic identity as a purveyor of leather goods that incarnate Parisian bourgeois style. At first, sales dropped as Slimane pivoted sharply away from predecessor Phoebe Philo’s minimalist, arty look. But since the pandemic, Celine’s business has surged to record highs. While owner LVMH does not regularly disclose sales for individual brands, Celine’s revenues surpassed €2 billion ($2.1 billion) in 2023, the company told investors in January. The brand’s full-year results were likely closer to €2.5 billion, meaning it had surpassed Fendi to become LVMH’s third-largest fashion label, behind only Louis Vuitton and Dior, according to HSBC. Despite the strong results, sources say Slimane may be on the way out, adding credence to a recent report by Miss Tweed saying Slimane is set to leave the brand. Representatives for LVMH and Celine declined to comment. Slimane is a rare talent. Known as the industry’s best stylist, he has generated perfectly precise fashion images since his trendsetting turn at Dior