Fashion upheavals leave questions: On YSL, Dior and the Simons-Sander saga

In the most tumultuous week of designer shake-ups, potential firings and poaching rumors since Galliano's firing from Dior in early 2011, five key names have dominated speculative fashion stories and headlines in recent days. They include Stefano Pilati, Christopher Kane, Hedi Slimane, Raf Simons and Jil Sander.

New developments and details continue to unfold in the Raf Simons-Jil Sander story. In a joint-statement released by a spokesperson on Thursday, "Jil Sander Group and Raf Simons agreed that the designer will step down from his position as of February 27, 2012." The department added, "Jil Sander Group will communicate the appointment of a new creative director in the next few days." That very individual turned out to be Jil Sander herself, who is returning to the label after a stint with UNIQLO.

Meanwhile, industry insiders remain shocked over YSL's announcement that March 6 will be Creative Director Stefano Pilati's final show date. YSL added that the brand will announce a new head designer in coming weeks.

And at the heart of this entire fashion fiasco remains French fashion house Dior, an iconic, historical luxury brand that still lacks a designer. Marc Jacobs was rumored to fill the post throughout 2011, but according to Suzy Menkes, "Yet, when he was approached to take over at Dior, he reportedly asked for too much in return."

In the midst of this uncertainty, one innovative top designer has firmly denied his potential move to Dior. Christopher Kane confirmed to Vogue UK on Tuesday, "While it is incredibly flattering that I could be considered for a role at a house such as Dior at this stage in my career, I can confirm that I have not been approached."

Thus, the game of musical chairs continues in the fashion industry. More to come.