The Garage
KER.PA · Paris, France

Yves Saint Laurent

Took over Dior at 21. Fired during a breakdown. Changed fashion forever anyway.

Founded 1961
By Yves Saint Laurent, Pierre Bergé
Live Price
Today
Symbol
KER.PA
1954
The telegram from Christian Dior
Yves Saint Laurent was 17 years old and living in Oran, Algeria when he won a design competition organised by the International Wool Secretariat in Paris. French Vogue editor Michel de Brunhoff saw his sketches and sent him to meet Christian Dior personally. Dior hired him immediately, later saying: "I have found the person who will continue my work." Saint Laurent was 18 years old. Three years later, Dior was dead.
1958
The 21-year-old who saved Dior
When Christian Dior died suddenly in October 1957, Dior's business partner Marcel Boussac needed to present a collection within weeks to save the house. He asked Saint Laurent to design it. The Trapeze collection, presented in January 1958, was a triumph. The fashion press called it a miracle. Saint Laurent was 21. He had saved the most important fashion house in Paris at an age when most designers were still apprentices.
1960
The beatnik collection, the firing, and the breakdown
Saint Laurent's autumn 1960 collection for Dior was inspired by Parisian beatnik culture — black leather jackets, turtlenecks, crocodile skin. The establishment was horrified. Boussac dismissed Saint Laurent while he was completing his military service in the French army. Saint Laurent had a breakdown and was hospitalised. He sued Dior and won damages. With his partner Pierre Bergé and financial backing from American investors, he founded his own house in 1961.
1966
Le Smoking and the women's tuxedo
Saint Laurent introduced Le Smoking — a tuxedo suit for women — in 1966. It was scandalous: women were not admitted to many Paris restaurants in trouser suits; one model was turned away from the restaurant where the after-party was held. Saint Laurent repeated the tuxedo in every collection for the next 40 years, saying: "The tuxedo is perfection. There is nothing more to add." He also introduced the safari jacket, the pantsuit, and sheer blouses to women's fashion — democratising sexuality in a way that Chanel had democratised practicality.
2012
Sold, renamed, and doubled in revenue
Yves Saint Laurent retired in January 2002, delivering a farewell speech in which he spoke openly about depression, addiction, and the solitude of fashion. He died in 2008. The house had been sold to the Gucci Group — later Kering — in 1999. Hedi Slimane renamed the ready-to-wear line simply "Saint Laurent" in 2012, removing "Yves." The decision was widely condemned by the fashion press. The brand's revenue doubled under the new name. Anthony Vaccarello became creative director in 2016, sustaining the growth trajectory. The house that Saint Laurent had founded after a breakdown, and nearly killed with a beatnik collection, was generating billions annually under a name that did not include his first name.
The Numbers
market cap Private (Subsidiary of Kering)
revenue $3.38B (FY2025)
net income Profitable (Operating profit ~$890M in FY2025)
employees 5,400
ipo year Private
ipo price Private
current ceo Francesca Bellettini
revenue forecast $3.62B (2026 internal projection)
Who Owns Yves Saint Laurent
Kering S.A.
Sole owner, multi-national luxury group
100%
Frequently Asked Questions
Who founded Yves Saint Laurent?
Yves Saint Laurent was founded by Yves Saint Laurent, Pierre Bergé.
When was Yves Saint Laurent founded?
Yves Saint Laurent was founded in 1961.
Where was Yves Saint Laurent founded?
Yves Saint Laurent was headquartered in Paris, France.
Why was Yves Saint Laurent created?
Yves Saint Laurent was 17 years old and living in Oran, Algeria when he won a design competition organised by the International Wool Secretariat in Paris. French Vogue editor Michel de Brunhoff saw his sketches and sent him to meet Christian Dior personally. Dior hired him immediately, later saying: "I have found the person who will continue my work." Saint Laurent was 18 years old. Three years later, Dior was dead.
What does Yves Saint Laurent do?
Took over Dior at 21. Fired during a breakdown. Changed fashion forever anyway. YSL took over Dior at 21, was fired during a breakdown, founded his own house, and changed fashion forever. Then Kering dropped his first name and revenue doubled. The full story.
How did Yves Saint Laurent grow?
Yves Saint Laurent retired in January 2002, delivering a farewell speech in which he spoke openly about depression, addiction, and the solitude of fashion. He died in 2008. The house had been sold to the Gucci Group — later Kering — in 1999. Hedi Slimane renamed the ready-to-wear line simply "Saint Laurent" in 2012, removing "Yves." The decision was widely condemned by the fashion press. The brand's revenue doubled under the new name. Anthony Vaccarello became creative director in 2016, sustaining the growth trajectory. The house that Saint Laurent had founded after a breakdown, and nearly killed with a beatnik collection, was generating billions annually under a name that did not include his first name.
Who owns Yves Saint Laurent?
Kering S.A. owns 100% (Sole owner, multi-national luxury group)
How much of Yves Saint Laurent does Kering S.A. own?
Kering S.A. owns 100% (Sole owner, multi-national luxury group)
When did Yves Saint Laurent go public?
Yves Saint Laurent had its IPO in Private, with an initial share price of Private.
How many employees does Yves Saint Laurent have?
Yves Saint Laurent has approximately 5,400 employees.
What is Yves Saint Laurent's revenue?
Yves Saint Laurent generated $3.38B (FY2025) in revenue. Analysts forecast $3.62B (2026 internal projection).
What is Yves Saint Laurent's market cap?
Yves Saint Laurent has a market capitalisation of Private (Subsidiary of Kering).
Who is the CEO of Yves Saint Laurent?
The current CEO of Yves Saint Laurent is Francesca Bellettini.
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