By Bloomberg Published Apr 19, 2024 Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge. After fighting for years to keep Giorgio Armani SpA independent amid the mergers and acquisitions that reshaped the luxury sector, the billionaire design virtuoso … Read more
MILAN — One would expect nothing but poetry from Alessandro Michele on his new role as creative director at Valentino. Addressing his new appointment, the designer celebrated “the beginning of spring, the life that is regenerating and the promise on new blossoms” as he expressed his “joy, to pay tribute to it: the smiles kicking … Read more
By Bloomberg Published Mar 29, 2024 Valentino, the fashion house that’s 30% owned by Kering SA, has named Alessandro Michele, the former creative director of its flagship brand Gucci, as its new top designer. He succeeds Pierpaolo Piccioli who stepped down last week. © PixelFormula The appointment has the potential to transform the label controlled by Qatar’s Mayhoola. It also … Read more
By Bloomberg Published Mar 29, 2024 The owners of Saks Fifth Avenue are in talks to raise financing to bolster the cash portion of an offer to buy competitor Neiman Marcus, according to people familiar with the matter, moving two of America’s biggest high-end department stores closer to a deal after years of on-and-off courtship … Read more
MILAN — Valentino has confirmed the arrival of Alessandro Michele as creative director of the Rome-based couture house. He succeeds Pierpaolo Piccioli, who exited the brand on Friday after 25 years. Michele left his role as creative director of Gucci in November 2022. On March 22, WWD was the first to report that Piccioli was … Read more
Six days after ending the quarter century career of Pierpaolo Piccioli at Valentino, the Rome-based house has named ex-Gucci designer Alessandro Michele to be its new creative director. Alessandro Michele – Valentino “It is a great honor for me to be welcomed into the Valentino Maison. I feel the immense joy and responsibility of joining … Read more
Translated by Cassidy STEPHENS Published Mar 25, 2024 The fashion world is still reeling from Valentino’s announcement on Friday March 22, that it is parting ways with its creative director Pierpaolo Piccioli. That said, the show must go on. With the first rumours circulating about potential candidates to succeed the designer, the Roman luxury fashion … Read more
MILAN — It may be a cliché, but the show must go on. The fashion industry is still digesting the news of Pierpaolo Piccioli’s sudden departure from Valentino after 25 years, but the rumor mill is already in overdrive as to who will succeed him. On Friday, WWD was the first to report that Piccioli … Read more
By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – … Read more
MILAN — Valentino and Pierpaolo Piccioli are parting ways, according to market sources. Responding to WWD, Valentino issued the following: “I am grateful to Pierpaolo for his role as creative director and for his vision, commitment and creativity that have brought the Maison Valentino to what it stands for today,” said chief executive officer Jacopo … Read more
