Dior Homme and Designer Hedi Slimane are reputedly at an impasse in negotiations over his contract renewal. Slimane, who designs Dior’s menswear collection, is said to be demanding greater financial recognition which is causing negotiations to stall. His three-year contract ends next month. According to WWD, the situation can still be resolved, although the trade magazine’s sources are already comparing the situation to Tom Ford and Gucci. The Italian Gucci Group stopped its partnership with Ford in 2003, causing shock among the industry.
WWD’s sources said that Dior management was preparing for a possible split and the eventuality of searching for a replacement. Although no names have been revealed the sources said the choice was â€œwiseâ€ and would likely be well received by the industry press. Whether either party decides to continue with a women’s wear venture, together or independent of each other is unclear. WWD reported that the matter had been brought up during discussions. Both parties refused to comment on the situation.