FRANCE: Designer YSL May Buy Back Atelier To Solve Dispute
Retired fashion designer Yves Saint Laurent and business partner Pierre Berge have offered to buy the YSL haute couture unit from Francois Pinault for a nominal one euro so its staff are guaranteed a redundancy package. YSL said in a statement that the pair are looking to buy back the atelier and work out an acceptable redundancy package for the workers, together with Pinault's holding company Artemis.