Breaking News: Olivier Theyskens Landing at Nina Ricci?

In what has to be one of the shortest job hunts in fashion history, Women's Wear Daily and Vogue UK are reporting that Olivier Theyskens, only just axed from Rochas, is just moments away from finalizing a deal to take over creative duties at Nina Ricci, rather than relaunching his own label. Theyskens' existing relationship with Ricci parent company Puig's Fashion Group president Mario Grauso is cited as one of the main reasons for this move, which has apparently been in the works for quite a while. In fact, Puig had offered to buy Rochas outright, but Procter & Gamble wanted to hold on to the profitable fragrances. Ricci is a house with a long tradition of Prêt-à-Porter and its Haute Couture collection was closed only in 1998, after Puig purchased the house from the family owners. It would be an easy fit for Theyskens' rarefied aesthetic. Puig also owns Carolina Herrera and Paco Rabanne, and is not likely to be daunted by the demands of running a luxury fashion brand like his previous employer was. Ricci's bottom line is kept aloft by a robust fragrance and cosmetic business led by the classic scent, L'Air du Temps. As for departing designer Lars Nilsson, he is rumored to be close to signing his own deal here in New York, and there is a resounding chorus of "No comment!" from all parties in question, except for Oscar de la Renta, whose executives have expressly denied speculation that Nilsson would be working there. In publicityland, of course, that means he is probably deep in discussions with them.

Olivier's Next Gig:  Nina Ricci Said Close to Signing Theyskens (WWD)
Theyskens Arrives (Vogue UK)