By  on July 2, 2013

PARIS — The house of Yves Saint Laurent is rocking — and not only because of designer Hedi Slimane’s penchant for grunge and Teddy Boys.

In a management shake-up that caught many by surprise in the midst of couture week here, YSL parent Kering said Tuesday that chief executive officer Paul Deneve, who recruited Slimane and implemented a daring rejuvenation drive, would leave the French fashion house after two years. He is to be succeeded effective Sept. 1 by Francesca Bellettini, an executive director from Kering-owned Bottega Veneta known for her merchandising prowess.

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