g (georgianess) wrote in _fashionxlove,

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Phoebe Philo leaving Chloè?

I'm gonna keep the community alive with some much-needed fashion news.

God, I can't believe this. I hope Chloè doesn't sink. Buutt, imagine how stylish her daughter will be!

"Speculation is mounting in Paris that Phoebe Philo may exit as creative director of Chloι, a brand she helped catapult into the fashion stratosphere with feminine and influential designs.

Rather than any explosive falling out, Philo's desire to spend time with family is said to be increasingly at odds with the leadership demands of one of fashion's fastest growing companies.

Although Philo just showed her first collection under a new, multiyear contract last month, the designer is in negotiations with the company about their future collaboration, sources familiar with the situation said. While the talks are under way, Philo's role in the company could change, or she could resign her position altogether.

Chloι chairman and chief executive Ralph Toledano, reached on Monday, would only say, "We don't comment on rumors," citing the policy of Chloι parent Compagnie Financiθre Richemont SA.

Philo was on vacation and could not immediately be reached for comment.
But Philo has long been uncomfortable with the media limelight, valuing her privacy over the lure of fashion celebrity. The pressures and demands of helming a brand embarking on an ambitious expansion drive have also exacted a personal toll, sources said.

The designer has been less present at Paris-based Chloι recently. She returned to work last March after taking maternity leave in advance of the Dec. 13 birth of Maya, the first child for her and her husband, art dealer Max Wigram. That season, she let her design team — Sara Jowett, Natasha Lee, Valeska Duetsch, Adrian Appiolaza and Yvan Mispelaere — take the bows while she watched from the front row.

Subsequently, the company opened a design studio in London at Philo's behest.

The behind-the-scenes turmoil has not disrupted the success of Chloι. Market sources estimated the brand generates wholesale volume of $300 million, and Richemont chairman Johann Rupert last week singled it out as a star performer as the group reported strong sales and earnings in the first half.

By Miles Socha and Robert Murphy, from www.wwd.com"

Another article said "While it's too early to say who might replace Phoebe, with Helmut Lang, Roland Mouret and Jil Sander all jobless at the moment, it's definitely one to watch"

Who are you guys backing? I'm going for Land or Mouret, I'm not a huge Sander fan.

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