With that seminal show he reinvented Gucci with a completely new, quirky and androgynous aesthetic.Piccioli’s last fall 2024 all-black collection shown during Paris Fashion Week was his swansong for the brand. On Monday, Valentino said it was sitting out menswear and couture weeks in June, generally shown in Paris.Piccioli was named sole creative director of Valentino in July 2016, following the departure of Chiuri to join Dior.Chiuri and Piccioli first worked together at Fendi for 10 years. In 1999, Valentino Garavani selected the designers to boost his brand’s accessories category, which they did, rejuvenating that division. They were promoted to creative directors of accessories at Valentino when Alessandra Facchinetti was assigned the same title for rtw after Garavani retired in 2007. In 2008, they succeeded Facchinetti as creative directors of the brand.In July of last year, Kering revealed it bought a 30 percent stake in Valentino for 1.7 billion euros in cash as part of a broader strategic partnership with Qatari investment fund Mayhoola, which controls the couture brand.Kering has an option to buy 100 percent of Valentino’s capital by 2028, while Mayhoola could become a shareholder in Kering. The new luxury partners are expected to jointly explore further opportunities aligned with their respective strategies, including potential investments beyond fashion. (ICE NEW YORK)

Fonte notizia: WWD