Jean Paul Gautier At Hermes

[Vella]

I'd say there's alot about JPG we don't know :-p

 

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BUMP!

twitter.com/DerickChett

 

[ilaughead]

Whoa. This is quite the surprise. Is it from a reliable Twitter?

 

[eugenius]

we had the same "rumor" last year, and it went nowhere..so I wouldn't believe it until I hear it from a reputable source (style, WWD, etc)...Who's Derick Chett anyways?

 

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(NEW YORK) As first reported by The Daily last August, Jean Paul Gaultier is indeed parting ways with Hermès, the brand announced today in a realease. “After seven fruitful years of creative partnership, Hermès and Jean-Paul Gaultier artistic director of women’s ready-to-wear, have decided to bring to an end their collaboration allowing Jean-Paul Gaultier to concentrate on his own projects. The spring-summer 2011 collection to be revealed in October 2010 will be the last collection created by Jean-Paul Gaultier for Hermès. Hermès is deeply grateful to Jean-Paul Gaultier for his outstanding creative contribution during these seven years.”

Christophe Lamaire, the creative director of Lacoste, will step in where Gaultier leaves off as the artistic director of Hermès women’s ready-to-wear, starting with the Fall 2011 collection.

Ties between Gaultier and the house won’t be permanently cut, however: Hermès remains a 45% shareholder in Gaultier’s eponymous line. Hermès began investing in Gaultier’s house in 1999.

dailyfrontrow

May 26 (Bloomberg) -- French fashion designer Jean-Paul Gaultier will step down as the artistic director of Hermes International SCA’s women’s ready-to-wear unit after seven years in the role.

The 58-year-old French couturier, best known for designing the cone bra worn by singer Madonna on her 1990 Blond Ambition tour, will be replaced by Christophe Lemaire, Hermes said today in a statement. The spring-summer 2011 collection to be presented in October will be the last one created by Gaultier for Hermes.

“Hermes is deeply grateful to Jean-Paul Gaultier for his outstanding creative contribution,” the Paris-based company said in the statement.

Gaultier’s exit marks the end of a formal arrangement that began when Jean-Louis Dumas, former president and chief executive officer of Hermes, signed the designer up to bring new blood to the maker of luxury handbags and silk ties. Dumas died this month at the age of 72.

Gaultier has had a relationship with Hermes since 1999, when the luxury-goods maker bought a 35 percent stake in his fashion house for $23 million. The company raised that stake to 45 percent and plans to remain its main shareholder, Hermes said.

Hermes posted net income of 288.8 million euros ($353 million) and revenue of 1.9 billion euros in 2009, the company said March 5. Hermes was founded in 1837 by Thierry Hermes as a maker of harnesses and saddles.

Hermes, whose Kelly handbags retail from about 4,000 euros, rose 2 percent to 104.25 euros today in Paris, giving the fashion house a market value of 11 billion euros.

bloomberg.com

 

[KKnardi]

^wow, this company is really valuable.

I hope jp gaultier will have more time for his own haute couture, since it's been bad the last seasons...

 

[Aby]

Just heard the news. Loved his work for Hermès.

 

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After seven years under the helm of fashion’s enfant-terrible, Jean Paul Gaultier, Hermes has hired Christophe Lemaire as its new creative director. Lemaire previously worked as Lacoste’s creative director for eight years.

With Gaultier out and Lemaire in, it’s undeniable that Hermes is finally taking a more commercial approach to its ready-to-wear collection. Under the command of Gaultier, and earlier Martin Margiela, Hermes prêt-à-porter gained an avant-garde reputation which, while popular in editorials, was not popular in stores.

We’re expecting Lemaire’s first collection, due in March 2011, to be sportswear heavy, helping to transform Hermes’ ready-to-wear collection into a viable business.

Hermes, however, still owns nearly half of Gaultier’s own label. While the company says it’s not planning to sell its stock in Jean Paul Gaultier, there are indications that it probably will.

Hermes does not own Gaultier’s main money maker, his fragrance license. Beauté Prestige International does, meaning that Hermes only reaps the benefits of Gaultier’s collection, couture, and accessories lines whose sales are not very high. (Sure, it makes some money form the license, but not as much as Beauté Prestige.)

If Hermes sells, we’re hoping that a larger conglomerate, like LVMH or PPR, will invest in Jean Paul Gaultier, or else it might be au revoir Jean. Christian Lacroix suffered a similar fate, when after leaving Pucci in 2005, LVMH sold its stake in his label, which was bought by the Falic Group, only to file for bankruptcy four years later.

fashionista

 

[dior_couture1245]

Hmmm...I'm sorry to see him leave. I loved his work at Hermes.

Disappointed, also, to read that the new Hermes pret-a-porter will probably be more commercially slanted. Ugh.

 

[Creative]

OMG, what a tragedy! I can't believe yet, I love what Gaultier did at Hermés...

Lemaire as new Creative Director. Oh well, I don't know whether to laugh of cry. There hasn't been a calm season for a long while, every season something changes.

 

[LagerfeldBoy]

So sad. I loved his work at Hermes, even sometimes more than his work at his own label. Christophe's work at Lacoste is alright for me so I'm a little skeptical as to what he'll do at Lacoste.

 

[Squizree]

Gaultier produced some pretty fantastic collections for Hermes, I loved his vision for the house, but he started getting all tacky near the end. In particular the Cowboy collection he did (SS09?). That was terrible.

 

[LagerfeldBoy]

]Gaultier produced some pretty fantastic collections for Hermes, I loved his vision for the house[/B], but he started getting all tacky near the end. In particular the Cowboy collection he did (SS09?). That was terrible.

Indeed. I'm particularly still swooning over the Spring/Summer tennis collection. Ugh, it was so understated glam yet sophisticated.

 

[ultramarine]

Hum .. this makes me nervous ... I so do not want JPG to follow the steps of Lacroix ... and how's this Lacoste guy anyway?

 

[TREVOFASHIONISTO]

im soooooo upset his last collection was gorgeous and
I love the F/W 08 collection so much

 

[Creative]

Me too, F/W 08 was fabulous! It's really sad because he gave Hermès a lot of identity, they were a perfect match. I must recognize I didn't like his last collections though.

What a pity, first Valentino, later Lacroix, Nina Ricci, McQueen and now Hermès... I still can't believe it, if things carry on like this in a couple of years fashion will be ruled by a bunch of dull designers: Lemaire, Giannini, Copping, Deacon, Zanini, Wang, Chiuri and Piccioli...

 

[Fatalefashion]

WTF - CHRISTOPHE LEMAIRE at Hermès! OMG

 

[Squizree]

Indeed. I'm particularly still swooning over the Spring/Summer tennis collection. Ugh, it was so understated glam yet sophisticated.

I definitely agree. The tennis collection took a while to like but it's so beautiful with its subtle class and timelessness.

 

[mikeijames]

i'm saddened to see gaultier go, but it suddenly makes sense why he had his bottom line fattened up by target collections and the like. hopefully, the severing of this relationship won't spell an end to jean-paul gaultier as we know it.

in the meantime, i can't help but think that hermes is rolling the dice with this guy given that lacoste is sort of a self-running machine. most people would buy lacoste polos -- i know i certainly would -- no matter who found themselves at the helm. they're staple items for those with the means to buy it. i haven't really seen much vision from him during his tenure at lacoste quite frankly.

style.com

 

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Gaultier Exits Hermes

Ella Alexander
27 May 2010
0 Comments

JEAN PAUL GAULTIER has announced that he is leaving luxury French fashion label Hermès.

The house has named Christopher Lemaire - currently creative director of Lacoste - as his successor.
"Hermès is deeply grateful to Jean Paul Gaultier for his outstanding creative contribution during these seven years," the company told WWD.

Gaultier will leave after the label's spring/summer 2011 collection is showcased in October and Lemaire will take the helm at women's ready-to-wear at the start of the autumn/winter 2011 collection.

Gaultier, who was appointed artistic director of Hermès in 2003 when he took over from Martin Margiela, is expected to concentrate on his own ready-to-wear collections and haute couture fashion house, in which Hermès will retain a 45 per cent stake.

Hermès recently reported a sales increase of 18 per cent over the last quarter, and 15.2 per cent rise across Europe. The label plans to open or renovate 20 stores over the future year.

vogue.co.uk