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Phoebe Philo Isn’t Leaving Céline, According to Internal Memo

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Is the designer carousel officially malfunctioning, turning at breakneck speeds, and just flinging people off at this point? The Fashion Law reports that Phoebe Philo will leave Céline after the marketing for the upcoming fall/winter 2016 season is completed.

The Fashion Law's sources also say that Philo's next stop will be the helm of Azzedine Alaïa. Alaïa is owned by luxury firm Richemont, which also just so happens to own the label where Philo first made her mark, Chloé.

There have been rumors that Philo was set on leaving Céline before, though. In August, Page Six reported that Philo was "looking for a way out." LVHM denied those rumors and there's been no movement in the months since.

If true, though, the move would be a huge hit for Céline, which has become one of the most influential labels in fashion since Philo took the reins.

Philo's minimalist luxe look has struck a chord with everyone from buyers and fashion critics to consumers and fast fashion retailers looking to knock off the designer's style.

This certainly wouldn't be the first time Philo has stepped down at the peak of her powers. The designer left Chloé in 2006 and took a few years off in order to spend more time with her family.

Philo would only be the latest major shakeup in an industry that has seen Raf SimonsAlber Elbaz, and Alexander Wang all leave their posts within the past year.

We have reached out to Céline for comment.

Update: Alaïa denies the suggestion that Philo will take over, according to New York Times fashion critic Vanessa Friedman. She tweeted:

Update: This is a rollercoaster ride. WWD got ahold of an internal memo that reportedly reassured LVMH employees that Philo is staying put at Céline. The memo said that Philo and Céline "are more motivated and committed than ever to their partnership and will continue to create beautiful products," according to WWD.