Hedi Slimane Is Suing Kering Over His Non-Compete Clause

But it’s not exactly what you might expect.

Fashion
5,013 Hypes 0 Comments

Thirty-six-year-old Italian-Belgian designer Anthony Vaccarello may have taken the reigns at Saint Laurent, but the storied label isn’t done with his predecessor just yet. The Parisian luxury label’s parent company, Kering, confirmed today that it’s facing a legal challenge from Hedi Slimane in the wake of his departure in regards to the non-compete clause that was in his Saint Laurent contract. But it’s not exactly what you might expect. Apparently, Kering lifted Slimane’s binding clause upon his departure, thus freeing him up to head up another label should he so choose. However, according to Kering, “Slimane is requesting that this clause be applied still, along with the effective payment of the financial compensation that goes with it.”

Essentially, Kering has effectively been able to skip out on the compensation it would have owed Slimane during the period of the non-compete by rendering it null and void upon his departure. The fact that Slimane is requesting that the “potential constraint” be left intact suggests that the payout was pretty hefty and/or he has no plans to return to fashion design in the immediate future — or at least during the period that the original agreement would have covered.

Though it remains to be seen how exactly the rift will be resolved, Kering reaffirmed that the “disagreement does not alter the group’s recognition for Hedi Slimane’s contribution, who, together with the Yves Saint Laurent team, has reformed the maison.”

Read Full Article

What to Read Next

wifisfuneral Raps About Earl Sweatshirt Co-Sign on "Born 2 Lose, Built 2 Win"
Music 

wifisfuneral Raps About Earl Sweatshirt Co-Sign on "Born 2 Lose, Built 2 Win"

“Earl co-signed me, you act like I ain’t a problem.”

Bleacher Report Opens #BR99 Pop-Up With KITH
Events

Bleacher Report Opens #BR99 Pop-Up With KITH

The eight-day event will feature apparel, panel discussions, KITH Treats, a social customization lab, and much more.

Ye Ali's "Time" Is the Single of a Star
Music 

Ye Ali's "Time" Is the Single of a Star

Trey Songz can’t even steal your girl like this.

Thundercat & Adult Swim Unveil Animated Video for "Song For The Dead"
Music 

Thundercat & Adult Swim Unveil Animated Video for "Song For The Dead"

One of Thundercat’s best visuals yet.

Burger King Concocts Ungodly Delicious-Looking Mac 'n Cheetos
Food & Beverage

Burger King Concocts Ungodly Delicious-Looking Mac 'n Cheetos

Is this real life or just cheesy fantasy?


Daniel Arsham Provides Cryptic Clues for 'Future Relic 05'
Art

Daniel Arsham Provides Cryptic Clues for 'Future Relic 05'

Including a 1-800 number and a fable.

You Can Ball out With Kanye West's adidas Yeezys in Upcoming NBA 2K17
Music 

You Can Ball out With Kanye West's adidas Yeezys in Upcoming NBA 2K17

In case you couldn’t cop in real life.

Kim Jones Teases His Upcoming NikeLab Sneaker
Footwear

Kim Jones Teases His Upcoming NikeLab Sneaker

A volt green colorway of the heralded L.W.P.

Lemaire Goes Multicultural for 2017 Spring/Summer
Fashion

Lemaire Goes Multicultural for 2017 Spring/Summer

“It’s the idea of cosmopolitanism and different influences.”

Beyoncé Shares New Music Video for "Sorry"
Music 

Beyoncé Shares New Music Video for "Sorry"

The video has arrived.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy.