After the defeat, Marine Le Pen has said the National Front must be "restarted", while Philipot said the new party will have a different name.
A supporter of French far-right presidential candidate Marine Le Pen holds a blue rose, symbol of her campaign, at her election day headquarters Sunday, May 7, 2017 in Paris. Macron defeated far-right leader Marine Le Pen handily in Sunday's presidential vote, and now must pull together a majority for his year-old political movement by mid-June legislative elections.
Other differences between the two include their relationship with the party's founder, Jean-Marie Le Pen.
Marine Le Pen, leader of the French right-wing National Front (FN), said that her party needs a "deep" change become a broader "patriotic" political force after she lost the presidential election to centrist candidate Emmanuel Macron.
"I am not giving up the political fight for good" she wrote, according to the newspaper. The National Front didn't publish a reaction immediately.
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Marion Marechal-Le Pen had been seen as a rising star of the nationalist and anti-immigration National Front party.
On several occasions, Marechal-Le Pen found herself in political conflicts with her aunt and in disagreement with the policies of her party. "Marion represented a hope for the future for many FN voters and activists", Jean-Marie Le Pen told Le Figaro, calling his grand-daughter's move "a desertion".
The younger Le Pen called her decision a "heartbreak". In her vision, the ideological base of the National Front should be pro-business, conservative, Catholic and anchored in the defense of traditional values such as family.
"I will propose to start this deep transformation of our movement in order to make a new political force", she added, as cited by Reuters.
"I think it's in the works, but I will let her announce it if she wants to", he said.