The sale of the group “is something that will happen some years from now,” Stefano Sassi, Valentino Chief Executive, told Reuters, following the Autumn/Winter 2011 ready-to-wear catwalk show for Paris Fashion Week.
The Italian company founded in 1960 by Valentino Garavani, was acquired by the Permira investment fund for one billion euros in 2007. Recent rumors said the fund intends to sell the Italian house. Permira is also the majority shareholder of the German the German ready-to wear clothing Hugo Boss.
Designers Maria Grazia Chiuri and Pier Paolo Piccioli unveiled a series of ready-to-wear, almost high street look dresses, a flared coat in Prussian blue, and a number of evanescent lengthy gowns.
Chanel’s apocalyptic looks
Chanel designer Karl Lagerfeld led his audience in the middle of a misty forest in volcanic soil for ready-to-wear clothes.
Women adopt the dress code of men, playing the tomboy side. The colors blend with the decor: black, charcoal gray with some warm colors like red.
Amidst all these models, you could well find the model Marseille, muse of Karl Lagerfeld, in combination Giabiconi Baptist faded gray.
Among the celebrities that attended the event we could see Lily Allen, Kanye West, Alexa Chung, Virginie Ledoyen.