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Bloomberg
Phoebe Philo, the widely praised creative director of LVMH’s Celine label, is leaving her position in January, the company said.
LVMH didn’t announce a successor in its emailed statement. Philo’s departure was well-telegraphed, with the trade publication Business of Fashion reporting in October that the luxury conglomerate was interviewing potential replacements. Still, the move is significant for
Celine, which was revitalised in the past decade by Philo’s modern, understated designs.
Women’s Wear Daily, which reported the intended change slightly before LVMH, said Philo wouldn’t work for another label in the near future, citing an unidentified person. Analysts have speculated that Philo might eventually join former Celine CEO Marco Gobbetti at Burberry Group Plc, where he is now CEO and where longtime creative chief Christopher Bailey is on his way out. “What Phoebe has accomplished over the past 10 years represents a key chapter in the history of Celine,†LVMH Chairman and CEO Bernard Arnault said.