.jpg){kind=link}
The story
Founded by Valentino in 1960, in Rome.1
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 Giancarlo Giammetti. In 1967 the maison established its headquarters at Palazzo Gabrielli-Mignanelli.
Rise to popularity
Valentino's international debut took place in 1962 in Florence, the Italian fashion capital of the time. Valentino gained popularity in 1967 after releasing their “no colour” collection which consisted of white, beige, and ivory apparels. The collection did not use any psychedelic patterns, a commonly used design feature during this time. The V logo was also introduced. In the years following the brand expanded to New York City and Ro The label staged the first Valentino menswear show at Milan Fashion Week in 1985.
Valentino has also, especially, designed wedding dresses for First Lady Jacqueline Bouvier Kennedy Onassis, Elizabeth Taylor, Anne Hathaway, Jennifer Lopez, Gwyneth Paltrow, Nicky Hilton, Courteney Cox, Sophie Hunter, Nicola Peltz Beatrice Borromeo, Queen Máxima of the Netherlands, Marie-Chantal, Crown Princess of Greece and Princess Madeleine of Sweden.
HdP Group, 1998–2002
In 1998, Garavani and Giammetti sold the company for approximately $300 million to the Holding di Partecipazioni Industriali (HdP), an Italian conglomerate controlled, in part, by the late Gianni Agnelli, the head of Fiat. HdP put Valentino inside the same unit as the apparel producer GFT Net and alongside the sportswear manufacturer Fila.
In 2001, Opera – a fund controlled by the Rome jewelry firm Bulgari – started talks to buy Valentino, but pulled out after it was unable to agree on a price.
Marzotto Apparel, 2002–2007
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 rumoured that HdP was displeased with Garavani's and Giammetti's personal expenses, a claim at which Giammetti has bristled. Following the acquisition, Michele Norsa became the company's CEO.
The Marzotto family, which controlled Valentino through several holding companies, including Tidus Srl and PFC Srl, spun off its fashion assets in 2005 to create Valentino Fashion Group.
In 2006, Stefano Sassi was appointed CEO, replacing Michele Norsa. He would later be partially responsible for the brand's renaissance in the 2010s.
Read the full text
Permira, 2007–2012
From 2007, Valentino was controlled by private equity group Permira which had acquired the brand from the Marzotto Group for €2.6 billion ($3.5 billion). Later that year, Valentino and Giammetti announced that both would resign from the company in early 2008.
In 2007, Alessandra Facchinetti was named as the creative director of women's collections with Maria Grazia Chiuri and Pierpaolo Piccioli named as co-creative directors of the accessories. Maria Grazia Chiuri and Pierpaolo Piccioli took over Facchinetti's role the following year. Under their direction, Valentino introduced a modernised aesthetic that Vogue described as "fresh-faced girls in long, fragile dresses" and the success of the introduction of the "Rockstud" accessory line and "Rockrunner" sneakers.
In 2008, Valentino opened its first boutique in China, at the Peninsula Palace Hotel in Beijing. By December 2009, hit by the financial crisis, Valentino had to restructure its debt.
Mayhoola, 2012–present
In 2012, Qatari aristocrats acquired Valentino for €700 million through an investment vehicle called Mayhoola for Investments S.P.C. Mayhoola bought up both Permira's stake and Marzotto's minority interest.
In 2016, Maria Grazia Chiuri left Valentino to join Dior as creative director with Pierpaolo Piccioli becoming the sole creative director. Under Picciolo's direction, the fashion house would shift towards a more progressive image. In 2019, Valentino championed diversity by starring Adut Akech and Anwar Hadid in their advertising campaign for their "Born in Roma" fragrance. In 2020, Valentino adopted a co-ed model – the merging of men's and women's shows – for its presentations, a decision that was reversed in 2023. In January 2022, Valentino presented their Spring/Summer 2022 Haute Couture collection on models with a diverse range of body types.
In 2020, Jacopo Venturini replaced Stefano Sassi as CEO. Under his leadership, the fashion house announced that it would no longer use alpaca wool and severed ties with Mallkini, the world's largest privately owned alpaca farm in Peru. The move followed revelations of animal abuse within the alpaca industry. This was followed by going fur-free in 2022.
Valentino also decided to shutter Red Valentino, the fashion house's diffusion line, in aims of focusing on the company's core ready-to-wear and couture divisions. Their Fall/Winter 2023 collection would be the last for the line.
In 2023, Valentino earned the Education of Excellence Award at the CNMI Sustainable Fashion Awards for fostering education in Italy.
Kering purchased 30% of Valentino in July 2023, they intend to purchase the entire company by 2028.
In March 2024, Valentino announced the departure of creative director Pierpaolo Piccioli, as a joint decision. Following his departure, Valentino announced the appointment of Alessandro Michele as the next creative director. Michele rose to global recognition for executing a turn-around at Gucci during the 2010s centring on a quirky androgynous aesthetic. In June 2024, Valentino released images of Michele's first designs for Resort 2025. His debut runway show was during Paris Fashion Week for Spring/Summer 2025. Critical response to the collection has centred on the clear through-line with Michele's work at Gucci.
On 15 May 2025, one of the company's units, Valentino Bags Lab, was placed under court judicial administration in Italy for a year after exposure of worker abuse going on at the company.
From Wikipedia’s article on Valentino (fashion house), shared under CC BY-SA 4.0.4