C Line, Creative Director Hedi Slimane Wins The Dispute With Kai Yun Again.

Hedi Slimane, who has just started his new job recently, has won a lawsuit with his former employer.

According to the world clothing shoes and hats net,

Luxury brands

The creative director Hedi Slimane and Kai Yun group's compensation dispute case had the latest results. The French Commercial Court made a preliminary decision last week, saying that Kai Yun group should pay the Hedi Slimane 9 million 300 thousand euros compensation according to the terms, because Hedi Slimane could not start the new job during the competition agreement.

This case has lasted for a year and a half in court.

At the time of the press release, Hedi Slimane just took over Phoebe Philo as the new creative director of C line, and because of his arrival, C line will first open up men's wear and perfume series. In September this year, the first series of Hedi Slimane will be released.

In this regard, Kai Yun group said it would appeal against the ruling, but declined to comment further.

In May 2016, Slimane launched the legal process of safeguarding rights in the commercial court through its Analytic Project. In the following month, Kai Yun said that the group had cancelled the clause at the end of the Hedi Slimane contract, thereby relieving its potential constraints.

Non compete clause is

The general agreement between industry executives and creative directors and companies usually restrict the designer or CEO from serving their competitors in a year or longer after leaving.

Hedi Slimane

From 2012 to 2016, Hedi Slimane joined the Yves Saint Laurent of Kai Yun group and renamed the brand Saint Laurent. During this period, Hedi set a distinct personal style.

Kai Yun group announced on Friday that it will soon sell its skateboard brand Volcom, which is the last non luxury brand of Kai Yun, marking the opening of the group's efforts to develop high-end luxury brands.

Kai Yun group bought Volcom in 2011 for 608 million US dollars.

Volcom

Apart from Volcom, Puma is also a member of the opening group.

Previously, Kai Yun group is planning to reduce the majority of Puma brand shares, and plans to sell 70% of its Puma brand shares to shareholders, including shareholder Artemis, and Artemis, which holds 29 stake, will become Puma's "long-term strategic shareholder".

Artemis also has a 40.9% stake in Kai Yun group and Kai Yun group will continue to own Puma16% shares, and about 55% of the shares will be free to circulate on the stock market.

As for why the company does not directly choose to sell Puma, the chief financial officer, Jean-Marc Duplaix, said that in order to avoid the lengthy selling process, this may undermine the stability of the brand, in addition, it is a patient's patience in the brand pformation period of patience.

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