Paris, France Reuters —Fashion designer Hedi Slimane has left LVMH’s Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the industry grapples with a sales downturn. Rider, who will start his new job early next year, worked alongside former Celine designer Phoebe Philo at Celine for over a decade. Solca said Slimane had done well at the label, likely more than doubling brand revenue to around €2.5 billion ($2.76 billion). Slimane joined Celine in 2018, quickly making his mark at the historic fashion house with his distinctive rocker-chic aesthetic. In January, at LVMH’s annual results presentation, Arnault said that Celine was enjoying “great success” thanks to Slimane, and topping €2 billion in sales.

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Persons: Hedi Slimane, Celine, LVMH, Michael Rider, Rider, Phoebe Philo, Chanel, Virginie Viard, Luca Solca, Bernstein, “, ”, Solca, Slimane, Dior Homme, Yves Saint Laurent, Karl Lagerfeld, Dior, Kaia Gerber, Bernard Arnault, Arnault, Carole Madjo, Louis Vuitton, Virgil Abloh Organizations: France Reuters —, Creative, Barclays Locations: Paris, France, €, Celine, China, LVMH