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Manish Arora Rumored to be New Paco Rabanne Creative Director; Yves Saint Laurent CEO Reportedly Scouting Haider Ackermann

>> Paco Rabanne has slowly been edging back into the fashion game — first with handbags that hit stores next month, and then with clothing, which is promised soon after. The namesake designer, who has been consulting on the relaunch of Rabanne, recently said: "The Paco Rabanne brand is and must remain what it has always been: audacious." And now, it's rumored that Manish Arora may be tapped as the new creative director; though it's not confirmed, Aurora does have a knack for color and print. And speaking of designer rumors, there's also one going around that Haider Ackermann is being scouted to replace Stefano Pilati at Yves Saint Laurent — apparently YSL CEO Valerie Hermann attended Ackermann's Spring 2011 show in October incognito, without an offical ticket request or RSVP. [Racked, Racked]

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