hedi slimane earns a small victory after suing ysl's parent company — again
This is the second legal proceeding the designer has entered into with Kering.
Former YSL creative director Hedi Slimane's legal battles with Kering (the house's parent company) continue to drag on, with a second proceeding now underway in the Parisian courts. You may remember the original proceedings, which began in June, after the former YSL creative director asked Kering to reinstate the non-compete clause in his contract — they had lifted it following his departure.
A non-compete clause prevents an employee from accepting a similar position at a competing company after they've been let go, and compensates them for the time they're unable to work. In Slimane's case, the non-compete clause would have stopped him from joining another luxury brand as creative director, had Kering not lifted it. Bizarrely, Slimane wanted Kering to reinstate the non-compete clause — and thus, provide him with the remuneration that comes with it. Presumably, Slimane had no intention of taking on a new creative director role, and wanted the cash instead of the career freedom.
In June, a French court sided with Slimane, and ordered Kering to pay the designer $13 million, the same amount as the non-compete clause would've awarded him. Kering said it would appeal the decision, but according Agence France-Presse it did in fact award Slimane the payout, eventually.
The second battle began in October, Agence France-Presse report. Slimane is reportedly sued Kering once more, looking for another $11 million and certain 'shareholder's rights.' The designer allegedly argued that the terms laid out in his original contract effectively entitled him to a minority stake in Yves Saint Laurent.
Now, it appears some of Slimane's wishes have been granted. Yesterday Reuters reported a Paris commercial court agreed Slimane "should have access to financial information regarding Yves Saint Laurent." It's a victory for Slimane, and a member of the designer's legal team said he was "extremely satisfied" with the ruling.
Photography Mitchell Sams