PARIS — A lawyer for Hedi Slimane said on Monday he was “very satisfied” by a court decision to give him access to financial information regarding Yves Saint Laurent, as part of the designer’s ongoing legal battle against his former employers.
The French commercial court on Friday ordered GG France Holding, an entity of Saint Laurent parent company Kering, to respect one of the clauses of the partnership agreement it signed in 2013 with Analytic Project, a company that handles commercial rights for Slimane, giving him certain rights as a minority shareholder in Saint Laurent.
Léon del Forno, speaking on behalf of Hervé Temime, whose law firm represents Slimane, confirmed the terms of the ruling but declined to provide additional details. Officials at Kering declined to comment. It is not known what percentage of the company’s capital is in Slimane’s hands.
The commercial court in June ordered Kering to pay $13 million to Slimane in application of a non-compete clause following his departure from Yves Saint Laurent earlier this year. Kering said it planned to appeal.
Slimane, who left Saint Laurent in April after a four-year tenure as creative and image director, lodged the procedure in May. It concerns non-competition obligations that are among standard clauses for high-profile executive and creative roles in fashion, and which typically restrict a designer or chief executive officer from working for competitors for up to a year or more.
Last month, Slimane launched further legal action against Kering. According to media reports, he is seeking an additional sum close to 2 million euros, or $2.2 million at current exchange, corresponding to his variable compensation in his last year at the head of the fashion label.