By  on February 17, 2011

PARIS — Valérie Hermann —who partnered with designer Stefano Pilati to restore Yves Saint Laurent to profitable growth — is passing the baton, WWD has learned.

Chief executive officer at the French fashion house since 2005, Hermann assisted in recruiting her successor, former Lanvin ceo Paul Deneve, who will arrive at the management helm in mid-April.

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