TALES OF GIVENCHY: "No change." That was the official word from Givenchy Monday in the face of widening speculation and press reports here that couturier Julien Macdonald would soon be replaced, possibly by Dior Homme fashion star Hedi Slimane. A Givenchy spokesman said that Macdonald’s contract with Givenchy runs through April 2004, dismissing the Slimane story as rumor. He is slated to show his spring couture collection tonight.

Slimane could not be reached for comment, but Dior officials said on the sidelines of the couture show Monday that Slimane was staying put. LVMH chairman Bernard Arnault is said to still be weighing his options for Givenchy, and they currently don’t center on Slimane. Sources said it would be difficult to attract a designer of his caliber to the house without granting him or her the power to remake the fragrance and beauty business, in addition to the fashion house.

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