Word: dior
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...They're not going to put a $2 million piece of jewelry on a Zara dress.' ?Sidney Toledano, president of Christian Dior...
...chairman François-Henri Pinault, who was a classmate of Hermann's in business school, insists she personifies the brand. He snatched her away from PPR rival LVMH Moët Hennessy Louis Vuitton, where she was running ready-to-wear at Dior, as much for her winning record as for her provenance. "Not only does Valerie have all the professional skills," Pinault says, "but she is the YSL woman. She is French, and YSL is the most French of brands. And being an active woman and by her feminine instincts, she will have ideas come...
Friends insist Hermann has become more glamorous in her more public role as CEO, converting from washed-out working mom to sophisticated executive?without going overboard. "Valerie, plain pumps, is now Valerie, stilettos," says Camilla Morton, a writer who works closely with Dior designer John Galliano...
That focus landed Hermann at the house of eccentric wunderkind Galliano in 1996 and eventually at Dior. "We were le carpe and le lapin," she says, laughing at the French image of the classic odd couple, the fish and the rabbit. "He was the British boy, and I was the French bourgeois girl. But we respected the same values...
When she left Dior, friends described Galliano as angry. But he has apparently recovered. In a rare public act of conviviality between luxury houses, the designer issued an adoring statement about the CEO of Saint Laurent. "Valerie is an incredible woman to work with, as she is sharp, strong, determined?all the qualities that male company presidents possess, yet at the same time she retains her feminine charms...