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Fashion Designer Hedi Slimane Leaves LVMH's Maison Celine

The logo of fashion house Celine is seen in front of the Dome des Invalides before their Spring/Summer 2019 women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2018. REUTERS/Gonzalo Fuentes
The logo of fashion house Celine is seen in front of the Dome des Invalides before their Spring/Summer 2019 women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2018. REUTERS/Gonzalo Fuentes
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Fashion Designer Hedi Slimane Leaves LVMH's Maison Celine

The logo of fashion house Celine is seen in front of the Dome des Invalides before their Spring/Summer 2019 women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2018. REUTERS/Gonzalo Fuentes
The logo of fashion house Celine is seen in front of the Dome des Invalides before their Spring/Summer 2019 women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2018. REUTERS/Gonzalo Fuentes

Famed fashion designer Hedi Slimane has left LVMH's Maison Celine division, said LVMH on Wednesday.

"Under his creative and artistic direction, Celine has experienced exceptional growth and established itself as an iconic French couture house," the French luxury goods company said in a statement.
LVMH first hired Slimane for Maison Celine in 2018, Reuters reported.

Slimane, who has designed clothes for rock star David Bowie and actor Brad Pitt, worked for LVMH's Dior Homme unit in the 2000s.

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Puma Reports Q3 Sales Increase on Rising Running and Soccer Shoes Demand

The logo of German sports goods firm Puma is seen on a shoe after the company's annual news conference in Herzogenaurach February 20, 2014. (Reuters)
The logo of German sports goods firm Puma is seen on a shoe after the company's annual news conference in Herzogenaurach February 20, 2014. (Reuters)
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Puma Reports Q3 Sales Increase on Rising Running and Soccer Shoes Demand

The logo of German sports goods firm Puma is seen on a shoe after the company's annual news conference in Herzogenaurach February 20, 2014. (Reuters)
The logo of German sports goods firm Puma is seen on a shoe after the company's annual news conference in Herzogenaurach February 20, 2014. (Reuters)

German sportswear maker Puma on Wednesday reported a 5% rise in currency-adjusted sales for the third quarter as it sold more running and soccer shoes.

Quarterly currency-adjusted sales rose to 2.31 billion euros ($2.48 billion), broadly stable from a year earlier but short of the 2.36 billion euros expected by analysts, according to LSEG data, as negative effects from foreign exchange rates continued to weigh on the business.

Footwear sales were up 9.3%.

Demand for the recently relaunched Formula 1-inspired "Speedcat" shoe was strong, CEO Arne Freundt said in a statement.

The company confirmed its full-year outlook for currency adjusted revenue in mid single-digit percentage, and core profit (EBIT) of between 620 million to 670 million euros, citing a strong order book for the remainder of the year.