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Valentino (fashion house)

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Valentino S.p.A.
Company typeJoint Stock Company
IndustryFashion
Founded1960; 64 years ago (1960)
Rome, Italy
FounderValentino Garavani
HeadquartersVia Turati, 16/18, Milan, ,
Key people
Stefano Sassi (CEO)[1]
Products
OwnerQatar Mayhoola for Investments Spc
Websitevalentinofashiongroup.com
White Valentino dresses in celebration of Valentino's 45 years in fashion
Valentino store in Hong Kong

Valentino SpA is a clothing company founded in 1960 by Valentino Garavani. It is a part of Valentino Fashion Group. Since October 2008, the creative directors are Maria Grazia Chiuri and Pier Paolo Piccioli. Alessandra Facchinetti was Valentino's creative designer from 2007 to 2008. Valentino is headquartered in Milan.[3]

History

Early history

Valentino was founded in 1960 when Garavani opened a fashion house on Via Condotti in Rome, Italy with the backing of his father and his father's associate.

Garavani and Giammetti later started a new company.

Rise to popularity

Valentino's international debut took place in 1962 in Florence, the Italian fashion capital of the time.

Valentino has also specially designed wedding dresses for Elizabeth Taylor, Anne Hathaway, Jennifer Lopez, Courtney Cox, Sophie Hunter and Princess Madeleine of Sweden.[4][5]

From HDP group to Marzotto group

In 1998, Garavani and Giammetti sold the company for approximately $300 million to HdP, an Italian conglomerate controlled, in part, by the late Gianni Agnelli, the head of Fiat. In 2002, Valentino S.p.A., with revenues of more than $180 million, was sold by HdP to Marzotto Apparel, a Milan-based textile giant, for $210 million. It was rumored that HDP was displeased with Garavani's and Giammetti's personal expenses, a claim at which Giammetti has bristled.[6]

Perfumes

Since 2010, Valentino perfumes belong to Puig company.[8]

Boutiques

North America

In North America, Valentino SpA has boutiques in Atlanta, Bal Harbour, Beverly Hills, Boston, Costa Mesa, Dallas, Houston, Las Vegas, New York City and Palm Beach. Additional locations have been planned in Aspen and San Francisco.

References

  1. ^ Diderich, Joelle (22 January 2014). "Fashion Crowd Toasts Richard Baker in Paris". WWD. Retrieved 23 January 2014. Valentino ceo Stefano Sassi said it was too early to predict what shape the new Saks would take.
  2. ^ Cite error: The named reference VFG was invoked but never defined (see the help page).
  3. ^ "Contacts > Headquarters." Valentino SpA. Retrieved on 28 July 2009.
  4. ^ Bowles, Hamish. "Sophie Hunter Valentino Couture Wedding Dress". Sophie Hunter Central.
  5. ^ "Celebrity Brides Who Wore Valentino on their Big Day". Hello Magazine.
  6. ^ "So Very Valentino", by Matt Tyrnauer, Vanity Fair, August 2004.
  7. ^ "Valentino Valentina". fragrantica.com.
  8. ^ "Puig talks with Permira to buy Valentino". La Vanguardia. Retrieved 26 April 2012.

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