In yet another surprise incident of couture turnover, Jean Paul Gaultier has announced he too will step down as creative director of Hermes following Paris Fashion Week in October. This announcement comes only days after Mario Grauso's similar one that he would be giving up his role as President of the Puig Fashion Group following Fashion Week in New York. The luxury house has yet to confirm the reports but sources say it is indeed true that Gaultier will leave the label after six years, having replaced Martin Margiela in 2003. It seems unclear as to why Gaultier would leave Hermes, considering the brand is one of the remaining few luxury labels still thriving despite the recession. The label's second quarter figures showed sales growth by 12 percent. Sales of
leather goods alone were up 33.4 percent, while sales of ready-to-wear
were up by 12.7 percent. The house even made headlines several months ago after reporting that they had to start their own crocodile breeding farms to meet the demand of their highly coveted croc handbags (of which it takes three to four crocodiles to make one!) Hermes currently owns a 35 percent stake in the Jean Paul Gaultier namesake label so JPG appears to be financially sound, and comfortable with his six year tenure which received, as stated by Fashion Week Daily, "critical runway acclaim." But as a result he has left sizable shoes to fill, a task that can't be performed by just anyone. There are already names crossing industry lips as a potential replacement, one of which is Haider Ackermann, the designer just rumored to be interested in taking over the Maison Martin Margiela line. Since Margiela once served as Hermes' creative director as well, Ackermann's move could be like one complete ring in the luxury label circle of life.
Article Source: newyorkmag, fashionweekdaily
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