YSL’s CEO Departs; Domenico Dolce Loves Justin Bieber

Reed Krakoff, fall 2011. Photo: Imaxtree

Yves Saint Laurent CEO Valérie Hermann is leaving to become president and chief executive officer at Reed Krakoff. Hermann said, “The possibility of building a new international luxury brand with such tremendous potential comes very rarely.” [WWD]

Dolce & Gabbana's tax-evasion hearing was deferred because the defendants’ lawyers asked for more time to draw their conclusions. [WWD]

• Domenico Dolce has Bieber fever. “We do love Justin's music. We have been listening to his last album during our fashion show preparation and in our free time it's in our playlist of favorites! He belongs to the new generation, he cares about fashion. We are very happy to dress him and we admire him a lot." [Vogue UK]

• Sean Avery didn’t catch any shows at Lincoln Center this season. “I'm watching them on Style.com. It's easier to stay at home and not deal with the craziness.” [Page Six/NYP]

Paulina Porizkova: “[Esté:e Lauder] hired me despite my outspoken reputation in the press, probably hoping a nice paycheck would check my personality. After all, I looked right. But instead of turning into the lady I appeared to be, I just modified my beauty advice from 'Sex and Water' to 'Sex and Water and Estée Lauder.' I don't think they were amused. I couldn't have cared less." [HuffPo]