Designer rumored to show last collection for Paris fashion house this season

(AFP PHOTO/Patrick Kovarik)

Shopping site Racked reports that according to tweets by the Kenzo publicist (@KenzoPR), a certain designer will show his last collection for an "established French house" that has just lost its CEO.

Speculations are running wild on the internet, with most commentators believing it is Stefano Pilati who is on his way out at Yves Saint Laurent. His work has failed to excite critics and shoppers recently, and designers including Haider Ackermann and Raf Simons (who designs for Jil Sander) are said to have been in talks to take his place.

YSL also just lost its CEO, Valerie Hermann, last week.

KenzoPR, known for being at the social media fashion forefront, further tweeted that the designer in question is going to be replaced by someone "MAJOR" who hasn't designed over the past years but has stayed in fashion. A likely choice, surmises Racked, would be former Dior Homme designer Hedi Slimane, who hasn't designed for a major fashion house since he left that brand in 2007 but has stayed an influential figure in the world of style. Slimane worked at YSL Homme in the 1990s.

Yves Saint Laurent's show during Paris fashion week - likely to be streamed live via the brand's website and Facebook profile - is scheduled for 7:30pm CET on March 7.