Kering Negotiating Lease for Saint Laurent’s Future Industrial Complex

SAINT LAURENT’S TUSCAN HUB: Kering is said to be negotiating the lease of a building in Scandicci, outside Florence, for its Saint Laurent brand, according to a note issued by the Italian town’s municipality.
CDP Investimenti, which is part of the Cassa Depositi e Prestiti, a financial company controlled by the Italian Ministry of Economy and Finance, has initiated exclusive negotiations with the French luxury group to lease the Palazzo delle Finanze in Scandicci. The cement, three-story building dates back to the 1991 to 1994 period and covers almost 310,000 square feet. It was meant to house the Center of the Ministry of Finance, but it has never been fully finished or used.
Kering had no comment on Friday.
According to the note, a change of destination of the building has been approved, and it can be recovered and destined to production activities.
Local media speculate that Compagnie Financière Richemont was also eyeing the building and the note, without naming the group, said CDP had received another offer by a company “operating in the luxury sector at an international level.”
Mayor Sandro Fallani said the goal is to “save a neglected [location] and to transform it in a unique development opportunity that would bring employment, excellence

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You’ll Need More Than A Credit Card To Get Your Hands on Saint Laurent’s New Couture Collection

With price tags in the 5-digit range, couture collections are prohibitively expensive for most of us. But now, Saint Laurent is taking the already exclusive category to the next level.

Today, the French fashion house announced plans to bring back couture with “Yves Saint Laurent” Couture ivory silk label under the tutelage of designer Hedi Slimane. The house’s last couture show was in 2002 and designed by the late Yves Saint Laurent, who died in 2008.

The new collection of silky tuxedos and black column dresses will debut in Saint Laurent ads shot by Slimane next month. But shelling out tens of thousands of dollars for a look simply won’t be enough to get your hands on one. According to the brand’s chief executive, Francesca Bellettini, you’ll also need to be a “friend of the house”.


An ad for “Yves Saint Laurent” Couture photographed by Hedi Slimane.

“Hedi Slimane decides these orders case by case. Unlike a couture collection, this is an even more exclusive definition,” Bellettini, told The New York Times. She also said that the collection will be available to actresses to be worn for red carpet events, such as the Oscars or the Cannes Film Festival.


Dakota Johnson wearing a Saint Laurent ready-to-wear gown at the Oscars this year.

We’ll keep you posted on the entire collection as it launches but, until then, we’re throwing it back to 2002—to Yves Saint Laurent’s very last couture collection, which is absolutely breathtaking.




For more on couture:
Kendall Jenner is Karl Lagerfeld’s Bride at Chanel
Everything You Need to Know About Couture
The Supermodels Take On Couture at Versace

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