Wednesday, August 4, 2010

Valentino SpA valentino company logo
Valentino SpA is a clothing company founded in 1959 by Valentino Garavani. Nowadays it is a part of Valentino Fashion Group. New creative directors Maria Grazia Chiuri and Pier Paolo Piccioli will take Alessandra Facchinetti's seat as creative designer. Valentino is headquartered in Milan.

Valentino was founded in 1965 when Garavani opened a sumptuous fashion house on Via Condotti in Rome, Italy with the backing of his father and his father's associate.

The entrepreneurial skill of Giancarlo Giammetti, Garavani's business partner and longtime boyfriend, proved fundamental to the worldwide expansion and success of Valentino. When Giammetti arrived, Valentino was in poor financial condition: Garavani's father's associate had pulled out of the business, and the business was nearly bankrupt. Valentino already had a passion for luxury and would spend too much money on expensive fabrics never thinking about the financial aspects of his fashion business. Thanks to Giammetti, Garavani was able to focus on the creative aspect of design leaving all business intricacies to Giammetti.

Garavani and Giammetti later started a new company. Under Giammetti's wing Valentino business got under control and things were ready for international success.



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