Galliano For Oscar Latest

John Galliano will not be taking a permanent role with Oscar de la Renta, it was reported today, although neither party has confirmed or denied the story. Galliano was enlisted by the New York based designer in early 2013 for a "temporary studio residency" that many speculated could become permanent.

"The team at Oscar were not willing to put up the money to pay for the design team John needed, such as the cutters and other specialist support staff for his atelier," an unconfirmed source stated. "Money was the biggest factor which held up the negotiations, and they couldn't reach an agreement, although John and Oscar remain very good friends. John is grateful that Oscar gave him a second chance."

Oscar De La Renta

Although many mooted Galliano as a possible successor to De la Renta, the designer himself said in 2013 that he was not in the market for a new creative director: "Am I retiring? Is John going to replace me? Certainly not. I hope to be around for a long time."

"As we have said before, we are deeply impressed with John's talent and would love to find a way to work with him in the future," Oscar de la Renta CEO Alex Bolen said  last August. "To date, we have not found that way."

Oscar de la Renta and John Galliano's representatives were not available for comment.