FASHION

Saint Laurent has Doubled its Revenues Since Hedi Slimane

Making it big

freja-beha-erichsen-by-hedi-slimane-for-saint-laurent-pre-fall-2013-6

With all the criticisms out there against Hedi Slimane, you would think that the fashion house is not in a great condition – especially financially. Kering, the French holding group which owns brands like Gucci, Puma and Saint Laurent has just released their annual earnings. In 2014 alone, Saint Laurent’s revenue has jumped 27 percent to 803.3 which would mean a double in increase of revenues since the arrival of Slimane. Kering, who just appointed Alessandro Michele as creative director to Gucci, and Rihanna to Puma can sure start hoping for the same magic. 

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