Borbonese remains as an Italian luxury brand which constantly cultivate its perspective to meet the needs of nowadays’ contemporary society. Borbonese is an established “Made In Italy” player who values its rich heritage and tradition, craftsmanship, and always strive for perfection.
Borbonese started as a humble workshop that produced jewels, accessories from ribbons to bows, gloves to hats, and shawls. The company supplied the most prestigious tailors in Turin, a city that was, at the time, very aware of couture and a small Italian capital of fashion. In 1910 Lucia Lorenzoni Ginestrone, an established milliner, took over the workshop and Borbonese was born.
Later in 1950, thanks to the help of Lucia’s son, Umberto Borbonese Ginestrone, along with his friend Edoardo Calagno, they worked to help run the family business. Borbonese successfully developed an eclectic and sophisticated aesthetics in creating jewellery made of innovative forms and peculiar materials.
Collaboration With Luxury Fashion Houses
Through 1960 Borbonese became highly influencing and gained trust from various luxury fashion houses to create numerous accessories to complement their collections. It was the creation of jewellery combined with great imagination and exquisite workmanship that made the brand so popular. The ability of the company to establish a harmonious connection between clothing and jewellery is why the most important fashion houses want to work with it. Among the most prestigious fashion houses were Fendi, Valentino, Ungaro, Galitzine and Yves Saint Laurent, who appreciated the inspiration, experimentation and beauty of its costume jewellery.
During the 1970s, Borbonese began the partnership with the Bologna-based expert in leathergoods, Redwall, owned by Rossi family. This well-grounded collaboration brought a revolutionary line of high quality leather bags which combine light, unlined and restructured forms with a unique softness and resistance. At this point, the firm found their distinctive element of its griffe in a new material that was soft like lamb skin. With colors in a beige or honey color, and treated to reveal a “partridge-eye” dot effect, in bags, cases and a wide range of leather goods. Also, some of their items are manufactured with plasticized fabric, and those showing a dot effect called “graffiti,” in beige, very dark brown, blue, light blue, and black. It was the birth of the iconic O.P. or Occhio di Pernice (Eye of Partridge).
Borbonese launched its infamous bag Luna to commemorate the landing of the first man on the moon, followed by Sexy, Tango, and Mambo which remains as a cult classic until today. Borbonese is the pioneer to affix its logo on zippers along with the distinctive rivet which become an everlasting signs of the brand. Much imitated, but never equalled, Borbonese bags are light, practical, always elegant, and now a classic. The most acclaimed photographers during this era, including Giampaolo Barbieri, Helmut Newton, and Satoshi Saikusa contributed for Borbonese’s advertising campaigns.
Starting from 1980s, Borbonese invented an actual lifestyle and became one of the most notable Italian brand by expanding its production of ready-to-wear, accessories for both men and women, footwear, fur products, and sophisticated line of home furnishings to confirm the brand’s status in the luxury industry that creates a true style of Global Living.
In 1992 the Sexy Bag celebrates its 20th birthday. At the big party in Tokyo, it is presented in a limited edition of 100 pieces with accessories in 18-carat gold. A year later, after twenty years of working together, Redwall, which operates in the same field of bags and leather accessories, takes over the brand. Then, in 1999 the first Borbonese women’s prêt-à-porter Collection produced by Redwall is presented for the Autumn-Winter season in Milan. On March 27th of that same year the French-American family Arpels, current owner of 20% of Van Cleef & Arpels, acquires 50% of the company. That same day at a shareholders’ meeting the corporate name is changed to Rossi 1924 Spa.In September 2000 a line of women’s wear is added to the accessories Collection.
Borbonese Acquired by Van Cleef & Arpels
The year 2001 ends with a break even and a turnover of €21 million. In 2002 the brand appoints creative director, Alessandro Dell’Acqua. She designs a line of women’s clothing that is presented during Milano Moda Donna and meant to accompany the accessories line.
Officially in November, Arpels purchases the remaining 50% of the company, acquiring the shares owned Dario Rossi and Alberto Vacchi. Claude Julien Arpels becomes managing director, while Alberto Vacchi remains on the board of directors. For 2004, the Arpels family considers making a strong effort in the North American and Far East markets.
In 2009 Borbonese presented the Spring/Summer 2010 collection during Milan Fashion Week in the via della Spiga store. This was a successful event in collaboration with contemporary artist Amedeo Martegani, who transformed the boutique’s windows into a theatre and formed the perfect scenographic backdrop which tell a story of seven Samurai, inspired by the sharp cutting that creates the form of O.P. bag. Accompanied by the sound of sabers, slashing knives, and metal sound by musician Giuseppe Ielasi, the installation really caught the attention and created a novel ambience throughout the store.
In 2010 to celebrate 100 years of Borbonese, the brand initiated a special project in collaboration with Roy Lichtenstein Foundation to create the Art Bags, a limited collection consists of twelve bags that reproduce some of the pop artists masterpieces. This exclusive collection was exhibited at Triennale, Milan. Also, Borbonese 1910 was launched, a collection of iconic Borbonese bags dedicated in honour of the centenary celebration under the creative direction of Gabriele Colangelo, a talented young Italian fashion designer with an innate propensity for craft fur and embroidery.
In 2013 a red sealing-wax Borbonese logo became a distinguished symbol that introduces a new direction of the company. It’s a decision to stay focus on the core business of the brand, creating impeccable collection of bags and accessories, derive from never-ending research into new materials and techniques that make every product unique and special. Iconic bags of Borbonese were reinterpreted by using new combination of leather and metal-crafting techniques to give a modern and contemporary impression.
In September 2015 at Milan Fashion Week, Borbonese launched a new book titled “Inspirations” edited by Ginevra Elkann and published by Rizzoli in its headquarter on Via Monte di Pietà. In this book, Borbonese poetically and imaginatively presented to the audience of how the brand always took artistic inspirations from nature, which has characterised in the production and its signature Italian craftsmanship.
Later, in November the brand became the sponsor of the Pinacoteca Giovanni e Marella Agnelli in Turin for the exhibition featuring American pop artist, Ed Ruscha titled “Mix Master” curated by Paolo Colombo. This exhibition consisted of photography, painting, and books by Ed Ruscha which tell a story about the transformation of American life over the past half-century.
In 2016 Borbonese sponsored the exhibition titled “Riflessioni / Reflections” featuring Rosemarie Trockel and the Turin collections. Also, in September they opened their new flagship store in Corso Matteotti 8, presenting a new concept that reinforces the brand’s image in Italy.
In April 2017, Borbonese made significant investment on its Global Living collection and presented a new home collection, as well as furnitures during Milan Design Week. And in order to reinforce Borbonese’s logo, all the structures of products are designed with round lines. Later in September, Borbonese launched a new footwear collection for both men and women, and presented its spring/summer 2018 footwear collection during international footwear show.
Borbonese remains as an Italian luxury brand which constantly cultivate its perspective to meet the needs of todays contemporary society. Borbonese is an established Made In Italy brand that values its rich heritage and tradition, craftsmanship, and always strive for perfection. Never ending research for the latest technology and being innovative, Borbonese always combine precious materials and refined techniques with masterly crafting to emphasise details and characteristics of each unique product. Borbonese is “The New Spirit of Tradition”.
Christian Dior (1905-1957). A tailor and a designer who was among the most important figures in all of French haute couture. Dior was born in Gramville, in northwestern France. He had a happy childhood in Paris, as well as on holiday in Normandy, in which he was free to abandon himself to his genius for drawing and to a real talent in making costumes for carnival and for informal parties at home.
He already had a definite instinct for art and for the joy of living. He had a clear calling for artistic creation, supported by constant visits to museums and galleries, would emerge only later. After interrupting his university studies in political science, and having put aside the idea of a diplomatic career, which was desired for him by his parents, he started a partnership with his friend Jean Bonjean, the owner of an art gallery in Paris. In this art gallery there where the main figures of the various avant-guards of the 20th century exhibited their works.
Designer at Piguet and Lucien Lelong
But his mother’s death and the bankruptcy of his father’s business changed his life, making his tormented youth the exact opposite of his happy childhood. In 1934, he fell seriously ill with tuberculosis. After a year of recovery in Spain, he went back to Paris and began to work on the fashion section of the weekly Le Figaro Illustré. He designed hats and began to sell sketches of clothing and accessories to several fashion houses. This lean period lasted 7 years, until 1938, when he found a steady job as a clothing designer at the maison Piguet. One of his first successes was a very full skirt that could be worn even in the daytime.
Then, the outbreak of World War II and his service with the army engineers put a stop to everything. The signing of the armistice found him in the south of France where, in his father’s house, he would spend a year and a half enjoying nature and the simple life of a village. Only the insistence of his friends convinced him to return to Paris, in 1941. His place at Piguet wasn’t there waiting for him, but he did join the maison of Lucien Lelong, where Balmain also worked as an assistant. There, for many seasons, he would design the collections, creating very tight skirts as well as flared skirts, bringing success not only to Lelong, but to himself as well, because he became the head dress designer.
The Beginning: Dior Maison
By now, he felt ready to manage a maison of his own and knew he could count on an innate talent for business. It was 1946, the year of his partnership with Boussac, who financed him with the considerable sum, for the time, of 60 million francs. In this adventure he was joined by some of Lelong’s key people, such as Raymonde Zehnacker, Marguerite Carré, and Mitza Bricard. A young Pierre Cardin was hired as cutter. His team went to work immediately, in the building on Avenue Montaigne.
The New Look
In the collective memory, he is linked to the New Look, which, on February 12th 1947, made him famous in one day. It was his first Collection. After the morning presentation, he was pushed out on the balcony of his atelier at Avenue Montaigne 30 to salute a crowd of applauding women. The Paris newspapers were on strike, and so the explosion set off by Dior was felt first in America, where Carmel Snow, the director of Harper’s Bazaar said, “It’s a new look.”
The women’s collection, offered in the Corolla line, later called the New Look, was extremely new in its accentuated femininity, but with an antique touch: a very tiny waist (the corset and girdle were back, like a sudden jump into the past), high breasts, small shoulders, and long, full skirts with tulle petticoats to increase the bulk. It was a look backwards compared to the liberated body of Poiret and the one caressed by Chanel. It was a return to an aristocratic elegance, and also to a battle of hems, from Collection to Collection.
Dior returned the fashion world back to femininity. He launched immense, long blossoming skirts, with waists squeezed by small bodice-jackets, made half the women in Europe dream and tremble with trepidation. His intuition was striking, but the event which really decided his future was a meeting with Marcel Boussac. The French textile entrepreneur had everything to gain from a lifting of the wartime restrictions on fabrics, and each of Dior’s swaying skirts consumed more than 16 yards of fabric, while an evening dress took as much as 27 yards.
Avenue Montaigne, an address which is still today considered magical and pivotal in the expansion and increase in places and regions of a charismatic empire, whose charm was always respectful of the furnishings and atmosphere chosen by Dior: Louis XV armchairs with the grey-and-white medallion that was a symbol of the maison on the back. Another motif associated with the maison was the lily of the valley, used with Dior’s first perfume, Diorissimo, in 1948, and later sprayed generously on the pearl grey fitted carpet in the days of Dior’s many presentations.
Dior is Dior: A Splendid Atelier
The object of both praise and invective, Dior had, by now, become Dior: a splendid atelier with a staff of 85 workers. He could change his style, and he did, naming many lines after letters of the alphabet, such as the H, A, and Y lines. He was able to revive the artisanal skills of the “petites mains,” and could amaze people with hard-to-figure-out technical devices which could make the cut of a garment crushproof.
When Dior was awarded with the recognition of Neiman Marcus, received in America, the designer adjusted his approach to appeal to a more dynamic post-war woman. He lifted the skirts at the back (in 1948), cut soft jackets, and presented tapered skirts (in 1949), making them shorter the following year, matching them with sack-shaped jackets with a horseshoe neck. In 1954 the silhouette became softer, waists were no longer squeezed in an H-line, and a love-hate relationship with the sack dress was about to begin.
In 1955 came the A line and the Y line, with the dominating motifs the large V necks and dresses matched with immense stoles. In that same year his pursuit of the caftan had a marked effect on fashion, with a delicate high-waist dress in chiffon and a sheath dress as tight as a corset. From perfumes to prêt-à-porter, from accessories to underwear, with licenses and new boutiques in Latin America and Cuba, Dior seemed to want to put every possible avenue of distribution under his own name in order to guarantee its long life.
He launched stiletto heels and excelled in the attention given to accessories such as hats, gloves, and jewellery.
New designer: Yves Saint Laurent
In 1957, the maison presented Dior’s last Collection, a variation on the theme of the vareuse, a kind of blouse with buttoned flap pockets that falls loosely at the sides and is often worn with a khaki bush jacket. Christian Dior passed away in the Summer of 1957 in Montecatini. He became an immortal, and one of the most admired haute couture empires in the world became a legend.
The 1958 Collection would be designed by Yves Saint-Laurent, who three years before had become Dior’s assistant and heir. The Collection was called Trapezium and it was a triumph. Called for military service in 1960, Saint-Laurent would, on his return, create his own atelier, as his place at Dior had been taken by Marc Bohan, someone who, over thirty years, would express the spirit of the founder in a measured and creatively elegant way.
New Leadership: Bernard Arnault
In 1988, a big retrospective at the Pavillon Marsan in the Musée des Arts de la Mode at the Louvre celebrated Dior and the new leadership of Bernard Arnault, the wizard of the luxury goods business. In that same year, the maison opened its first boutique in New York, as the number one French company in the U.S. did not yet have a point-of-sale in the Big Apple. The following year, Marc Bohan left. Then the Italian Gianfranco Ferré arrived.
In four annual collections of high fashion and prêt-à-porter, some of which were memorable, starting with revived images of early Dior and gradually emphasizing a timeless luxury that was daring and magic in its opulence. He developed a range of creativity suitable to both the present day and to the prestige of an illustrious maison, marked by the perfumes Dune and Dolce Vita. In more recent times, after Ferré’s return to Italy, the impeccable beauty typical of the griffe wasn’t always apparent in the Collections of John Galliano, who joined Dior as Creative Director in 1996, which were more prone to irony and excess than to the voluptuous grace of Dior’s perfection. Also, later in July 2000 the 32 year old French-Tunisian designer Hedi Slimane takes over the men’s prêt-à-porter from Patrick Lavoix.
By January 2002 Dior renews Sàfilo’s license to produce and distribute the eyeglass Collection manufactured by them since 1996 and which, in the following year, will also have a men’s line. The year 2001 closes with a deficit. Christian Dior SA Holding, owned 65% by Bernard Arnault, shows a loss of €95 million, on a 6% increase in sales, with revenues of €12.567 billion. The loss is attributed to reorganization costs of the retail operations and to investments needed to reorganize the U.S. business after September 11th. In 2000, the profit was €251 million.
In April 2002 Dior opens a shop in Rome, in one of the most evocative places in the city, the corner of via Condotti overlooking Piazza di Spagna. A small space is reserved for the jewellery designer Victoire de Castellane. Later, in June Hedi Slimane is nominated best designer of the year. The prize is given by the Council of Fashion Designers of America. By the end of 2002, the company shows a net profit of €178 million, against a loss of €95 million in 2001. The operating profit has increased 31%.
In March 2003 Vincenzo Moccia, 43, becomes director of Dior Italy, after having been director of Bulgari Italy and of Gucci for northern Italy. The Italian market has contributed a turnover of €492 million (an increase of 41%) and an operating profit of €33 million to Dior.
In Paris, the Dior woman surprises once again and is dressed in latex from head to toe. Galliano has designed the 2004 prêt-à-porter Collection for his usual crazy, sexy, and exaggerated woman, half geisha and half clown, part Japanese and part Chinese. There are skirts and miniskirts in feathered tulle, filmy and billowing, worn with long jackets; latex skirts that look like a second skin but are decorated with a thousand flowers; blouses that are tight on the hips, similar to mini-dresses and draped like a peplum, with bat-like sleeves; very tight trousers with laces that reach the waist; clouds of silk and chiffon; high heels; platform shoes 8 inches high with ankle laces and very thin strings sparkling with studs; colored fur coats; fake flower-patterned kimonos; and important and over-the-top op-art dresses with women covered up to the nose by a latex muzzle.
Later in April, Sidney Toledano, the president of Christian Dior SA announced that 15 new boutiques will be opened worldwide in addition to the current 145. In 2002 there were 23 new boutiques, and in 2003 there were 15, part of 200 planned within 2007. In Paris, where there already are 15, a new mega-store is opened on Rue Royale.
100 Year Celebration of Christian Dior’s Birth
2005 marks the centennial celebration of Christian Dior’s birth. To celebrate the anniversary, the French Minister of Culture, Renaud Donnedieu de Vabres, opens the exhibit “L’Homme du Siècle” in Granville, in Dior’s childhood home, which is now a museum, Les Rumbs. The celebrations continue in Paris, during Fashion Week, with a show that covers Dior’s entire life, with history, the theater, his mother in an Edwardian-style dress, the little boy Christian in a sailor’s suit, and so on, until his success with the divas who visited his atelier. The show is “played” by today’s top models, and mentions his passion for dancing and Peru. Later in 2007, Hedi Slimane left the fashion house and Kris Van Assche replaced her as artistic director.
In april 2008 Sidney Toledano, president and CEO of Christian Dior Couture, announces the nomination of, Delphine Arnault Gancia, as general Vice Director of Christian Dior Couture. This year is characterized by the crisis that affected the entire world, but Sidney Toledano and John Galliano remain successful in having very high revenues, mostly due to the American market. They declare that accessories, woman’s ready-to-wear and Haute Couture increased the business. In 2008, Christian Dior Group records €8.2 billions of sales, gaining 11% compared to the previous year and a net income of €352 millions. All this is mostly due to the emergent markets China, Russia and Middle East.
In 2009, Dior launches the new advertising campaign for the Lady Dior bag, with the french actress Marion Cotillard as testimonial. Camille Miceli, nominated artistic director of costume jewellery and artistic advisor, enters the group and in this period, after nine years, the high jewellery and watches shop reopen in the french capital.
In 2010, Christian Dior and Safilo Group announces that their license agreement for design, world wide production and distribution of the Dior eyewear and sunglasses collection has been extended to december 31 2017. This year, the revenues amounts to €21.1 billion with an increase of 19% compared to 2009, due to the good performances in Europe, Asia and Usa. On these bases, Christian Dior announces the project of opening and renewal of boutiques on high potential markets.
John Galliano Fired
In 2011 after being house’s creative director for 15 years, John Galliano was fired by Dior because of making antisemitic and racist insults in a drunken rant. His Autumn/Winter 2011 fashion show went on during Paris Fashion Week without him. Also, during this period Pushkin museum of Moscow praises the maison Dior with the exhibition with the title of “Inspiration Dior”. The exhibition tells the story of the maison through the works of art that have inspired monsieur Christian Dior.
Later in 2012, Raf Simons was pointed as chief creative director. The Belgian designer, aged 44, will be responsible of the women Haute Couture collections, ready-to-wear and accessories. The french fashion house declares that Simons will project the style of the maison towards the 21°century, creating a real change. Shortly after the announcement of Raf Simons entry, his first collection of Haute Couture is presented in Paris. It was a collection in the tradition of the maison, revisited in a modern and architectural key, with his minimalist style and very far from the style of Galliano. The designer astounds with one of the best collections of the brand. A real selection of ideas from a designer with a rare gift: the ability of mixing modernity with history.
In 2012, Dior launch its first online magazine, called Diormag. The news on the website are updated daily with informations regarding the global activites of the griffe. After one year waiting, on april 9 2012 the Raf Simons era starts, as he is nominated the new artistic director of the maison. In 2013, maison Dior engages the actress Jennifer Laurence as testimonial of the advertising campaign for Miss Dior bag, with $20 million contract for three years.
After one year from Raf Simons entry in the french maison, Christian DiorCouture reveals that profits have increased of 31%, while incomes have grown of 14%. Such results are also due to the influence of Kris Van Assche, creative director of menswear department. In the meanwhile, Delphine Arnault Gancia, daughter of Bernard Arnault, head of LVMH group, announces her decision to give up her collaboration with the maison Dior to work exclusively for Louis Vuitton.
During an interview in 2014, Sidney Toledano confirms that their success came from the very high quality of their production, exalting Made in Italy and promoting productive firms also in Veneto and in Tuscany. Besides, he declares that the maison produces in Italy because it is one of the few countries where it is mantained a beautiful craftmanship, due to the familiar tradition. He had already told Arnault that Lady Dior bag could be made only in Florence in the ’90s.
In 2015, Raf Simons decides to engage pop star Rihanna as testimonial for the “Secret Garden” campaign. It is a big step forward, as in seventy years of the brand history she is the first black woman. Serge Brunschwig, Dior Chief operating officer up till now, achieves the role of Dior Homme division president. In the same year, Dior together with Chanel and Louis Vuitton are in the lead of the ranking made by Brandwatch considering the best and the more influential brands on social media.
Maria Grazia Chiuri
After 3 years, on October 2015, Raf Simons has decided not to renew his contract and to leave Dior for personal reasons. The inside team of the french griffe is asked to design the spring\summer 2016 couture collection and the fall\winter 2016-2017 ready-to-wear collection. Because of the exit of Raf Simons, the revenues show a slight slowdown in the second semester of the exercise, with €961 million in sales.
In july 2016, Maria Grazia Chiuri became the first female creative director at Dior in its 70 years of history. A woman with a long career in fashion, first for Fendi and then for Valentino, always close to Pierpaolo Piccioli. M.G. Chiuri is the first woman to take the reins of the brand: to date there have been only man like Yves Saint Laurent, Marc Bohan, Gianfranco Ferrè, John Galliano and Raf Simons. The appointment of an Italian woman confirms the renewal of the made in Italy creativity.
In 2016, Dior flies to Melbourne to celebrate seventy years of the maison. The work of the french couturier is the protagonist of a retrospective at the National Gallery of Victoria.
On December 31 2016, Safilo and Dior renewed their agreement till 2020 for the design, production and distribution of the eyewear and sunglasses collections. Furthermore, this period is characterized by the exploit of Alessandro Micheli slippers and the T-shirts with revolutionary and feminist slogans by Maria grazia Chiuri.
2017 marks the 70th anniversary for Dior, the French fashion house celebrated its anniversary with exhibition called “Christian Dior: Designer of Dreams”. The exhibition took place in Musée des Arts Décoratifs in paris, where more than 300 breathtaking gowns from across decades were displayed.
Also, Baby Dior arrives on Instagram. Dior is one of the few brands to have created an account dedicated exclusively to childrens wear. Also, Natalie Portman has become the testimonial for the Miss Dior fragrance, producing several beautiful floral campaigns. She is invited to the south of France to the harvest the Rose de Grasse, a rare and precious flower at the heart of the Miss Dior fragrance.
Dior Homme is on the point of entering the Rinascente Duomo, Milano, after the closing up of via Montenapoleone store due to unsatisfactory sales.
In 1954 Ada Masotti, a corset maker from Bologna, set up a lingerie production company and named it La Perla. Not having elastic fibers available, she focused on tailoring handmade pieces. During this time, female silhouettes were accentuated in fashion and her creations matched latest fashion trends. Ada Masotti’s motto was “never compromise on quality and innovation.”
The brand DNA is based on Leavers lacework (named after an English loom, of which only 1,200 examples remain in the world), Cornellyembroidery, macramé (embroidery on a fabric which is later destroyed), soutache (an ornamental braid applied by hand usually in fancy pattern); the frastaglio (traditional Florentine flat stitch working). La Perla gained exclusive worldwide rights to the production of the extremely elastic Lycra crépe-de-chine.
During the 60s there was a lot of change and rebellion going on around the world. The hippie movement was taking over the fashion world. Ada Masotti realized the changes and adapted the lingerie. So, La Perla launched more colorful creations including multi-colored floral, plaid and checked patterns.
Through the 70s, La Perla introduced more silk, lace and transparent lightness. Including the creation of the silk jersey triangle bra, which allowed more movement. In 1978, La Perla launched its stretch lace sets, mirroring fashion trends with its clinging dresses and natural flowing lines.
Ada Masotti also created La Perla Maison, a collection featuring a range of garments in pure silk satin with embroidered inserts and frastaglio finishing, a technique that to this day is carried out by hand by the artisans of the La Perla atelier.
Starting in the 80s, La Perla started its international expansion under the management of the second generation, Alberto Masotti, who became president. He is responsible for the company’s huge growth, with more than 20 brands. Also, Alberto Masotti’s wife, Olga Masotti, was hired by Ada Masotti as a designer. Through the years the Masotti family redefined lingerie as a clothing accessory.
By 2001 La Perla offered a limited range of women’s clothing and was looking to expand. So, in September 2001 the brand débuted their new underwear and beachwear lines at Milano Moda Donna. To achieve its sales targets, the group created a new styling department and allocated investments in marketing and distribution. Shops were opened in Monaco, Moscow, and Chicago.
Also during 2001 a new Creative Coordinator was entrusted, Sigurd Steinunn, 35, from Iceland who previously worked with Calvin Klein and Tom Ford. Steinunn was supported by six designers and by Anna Masotti who, after graduating from Dams, was made Fashion Coordinator.
By the end of 2001, the company had a consolidated turnover of €235 million, 48% in the Italian market, 52% abroad. The company had 54 own-brand shops, 38 of which were abroad, and the workforce totaled 1,400 people, plus as many in the associated company. Also, the début of the new boutiques in Japan (Fukuoka), US (Costa Mesa, Chicago) and the web boutique.
In April 2002 Grigioperla Touch is the new men’s prêt-à-porter of La Perla, which made its début at Milano Moda Uomo. Then, in September an alliance was created between technology and fashion, and with Nylstar, a giant in technological innovation in the field of fibers and yarns. In addition to product innovation, the distribution network was further expanded through new own-brand shops, in addition to the 15 in Italy and 24 abroad. After the début in Madrid, La Perla also opened in Soho, New York. Later, in December, Alessandro Dell’Acqua, designer from Naples, became the new Creative Director of the prêt-à-porter lines. The year closed with a turnover of €250 million.
In November 2004 the company celebrated 50 years of business with an exhibition dedicated to the Bologna painter, Elisabetta Sirani (1638-1665). The choice was dictated by the desire to pay tribute to female creativity. Also, for its 50th anniversary, the brand created a limited edition collection made with Valencienne lace, produced on the ancient mechanic looms of Calais, the most important Leavers lace centre in the world.
In 2007 the brand launched the iconic Cage bustier, worn by Victoria Beckham, for the Spice Girl reunion video “Headlines”.
La Perla Purchased
2011 was an important year for the brand with a collaboration with designer Jean Paul Gaultier, and the incursion in the shapewear market. Later, in 2013, La Perla was purchased by Italian entrepreneur Silvio Scaglia and Pacific Global Management. Also, during this year the brand launched a Made to Measure service available at the brand’s most important flagships stores.
Through 2014 strategic changes took place, including a new conceptual store design developed with Italian architect Roberto Baiocchi. Also, a new creative turn headed by French art director Fabien Baron.
La Perlashowed its first Atelier Collection in Paris 2015, the runway took place at Hôtel Salomon de Rothschild. The pieces were made by hand and its elaboration took about 14 months, after the show the pieces were displayed at the Brands boutique in Rue du Faubourg Saint-Honoré.
In 2016 the shoe designer Julia Haart was named Creative Director, and debuted with the Spring/Summer 2017 collection in September 2016 at Milan Fashion week.
Currently, the brand is owned by Pacific Global Management, overseen by Chairman, Silvio Scaglia, and Creative Director Julia Haart. The current muse is Kendall Jenner who appears in all their campaigns. The company continues to live by the founder Ada Masotti’s motto, “Never compromise on quality and innovation.”
In 1835, at the age of fourteen, Louis Vuitton left Anchay, his native village in the Jura Mountains of eastern France, close to the Swiss border. He undertook this long journey by foot, ending up in Paris two years later. Upon his arrival, he was hired as a box maker/packer by Romain Maréchal. This work was based on manufacturing boxes and crates used to pack everyday objects and large wardrobes.
First Boutique in Paris
In 1854 he opened his first leather goods store on rue Neuve-des-Capucines, Paris. He offered very light trunks in poplar wood and baggage more suitable for the new means of transport. Then, he began to attract the admiration of fashionable people. His designs were ergonomic, made for strength, and lightness. His perfection of the flat trunk is now considered the beginning of modern luggage.
Beginning in 1859, the Asnières site, both a family residence and workshop of the company, is born. Still today, Asnières is a symbol of the Vuitton family’s personal and commercial success.
His skill is noted by Empress Eugenia of Montijo, who calls him to make his luggage. This experience helped him to understand that the old luggage used during the time of horse and bugee, with a curved form cover, had become useless obsolete. So, they decided on a modern type of luggage, which could be used in the trains, the new way of transport
Son Georges & Grandson Gaston
Louis Vuitton continuously innovates fabrics and patterns to protect the products from counterfeiting. In 1875, the creation of the first vertical wardrobe trunk, with each part being thoughtfully designed, guaranteed the success of a company already specializing in travel.
In 1886, Georges Vuitton, created the tumbler lock, an ingenious closing system. A major invention that allowed the same customer to open each piece of luggage with a single key. Later, in 1888, the Damier Canvas pattern is introduced and trademarked. Tragically, in 1892, Louis Vuitton sadly passes away and his son Georges officially takes over the company, along with his grandson Gaston-Louis.
The Monogram Canvas is Born
In 1896, the birth of the famous Monogram canvas. Louis Vuitton’s son, Georges, created the “Monogram”, a small piece of cloth printed with the initials LV that guaranteed the originality of the product. Also, he patented waxed cloth bags, like the “steamer bag.” Louis Vuitton’s grandson, Gatson, began to collect travel items and old luggage dating back to the 16th century. These pieces are now part of the collections at Musée des Arts Décoratifs de Paris.
Members of the aristocracy and royalty never traveled without their own special Louis Vuitton trunks and cases, for example, the Prince of Egypt Youssouf Kemal, and the Sultan Ismaïl Pacha.
For Luigi Barzini and Scipione Borghese who, in 1907, organized the Beijing-Paris car race, the maison designed rainproof cases. The trunk of the explorer Savorgnan de Brazza could even contain a camp bed, and the one made for the opera singer Lily Pons could hold 36 pairs of shoes. The trunk designed for the orchestra conductor Léopold Stokowski contained a little desk with a small table and shelves for books and music.
In 1914 Georges Vuitton unveiled a shop along the Champs Élysées in an Art Nouveau palace that became the symbolic store of the maison. Through this time the brand grew into pure luxury and in 1983 Louis Vuitton began to sponsor one of the most famous and prestigious sailing competitions.
Louis Vuitton Merges with Moët-Hennessy
Since 1959, the company’s production has expanded to include a line of bags, small leather goods, and accessories. In 1987 the company Louis Vuitton merged with Moët-Hennessy to become the colossal multinational company LVMH. Its first important acquirement came the following year: The Maison Givenchy. Bernard Arnault, in 1989, became president and starting in 1993, LVMH started acquiring diverse fashion houses Christian Lacroix, Emilio Pucci, Kenzo, Fendi, Michael Kors, and Donna Karan.
In 1998 the artistic director of the brand became Marc Jacobs, who launched in his first year the first prêt-à-porter apparel line. In the same year, the company launched a “City Guide” line of luxury travel guides in the major cities of the world; Berlin, Athens, London, Moscow, Rome and Paris.
The following year, the men’s line was introduced. Marc Jacobs work consisted in revitalizing the brand, instilling an aspect of fashion that was new. Fundamental steps in this direction were the collaborations with artists like Stephen Sprouse and Takashi Murakami that reworked the classic LV logo redecorating it with glaring modifications. Thanks as well to the advertising campaigns that used celebrities like Madonna and Jennifer Lopez, the brand was able to become an inspiration in the eyes of a public ranging from 20 to 70 years old.
Louis Vuitton City Guides
Megastores were opened in London, New York and in 2000 a flagship store in Hong Kong. In 2002 Louis Vuttion registered a turnover of €4,194 million and operating results of €1,297 millions. All markets grew: Europe (+8%), USA (+12%), Japan (+15%). At the end of the year there were 299 own-brand shops. Of these, 7 were new: 1 each in Tokyo, Kobe, Osaka, Moscow, Amsterdam, Macao, and Germany, the restyled and reorganized stores numbered about 30.
In December 2002 Yves Carcelle became the president of Louis Vuitton. By 2003, the company sold goods in 50 countries exclusively through more than 300 boutiques of its own property. By April, Louis Vuitton opened its first shop in New Delhi, India. Later, in September 2004, the Shanghai store, the largest store in the Asia-Pacific area, was restyled. Louis Vuitton had 13 shops in China. At this point, Louis Vuitton was arriving in South Africa and India. Serge Brunschwig, head of South-East Asia sector says,
“The future markets are India and South Africa. We are preparing big marketing operations and the opening of stores. In this way we create an emotional impact and start to introduce the Louis Vuitton universe into the luxury niches of new consumer markets.”
Overall, the brand has 335 own-brand, own- property stores all over the world. “To mark the company’s 150 years, we have accelerated the expansion project with 21 new openings, from the New York Building on the Fifth Avenue in Manhattan, to Osaka and Shanghai.”
New Collections & Campaigns
In the 2005 campaign, the actress Uma Thurman became Louis Vuitton’s new testimonial. Later, in July, the diversification process of the French brand continued. After a line of jewelry was launched, Louis Vuitton eyewear (sunglasses) made their appearance. Zeiss is the chosen partner to produce high protection lenses.
Louis Vuitton launched new icon purses including one in Nomad Leather, a Monogram Mini Lin line, Damier Azur line, along with the new edition of the icon locks in 2006. The company published a book ‘Louis Vuitton, Icons’ by Edition Assouline. Also, new openings occurred with the Louis Vuitton House in Manhattan and Taiwan.
In 2007 The exhibition, Takashi Murakam, occurred along with a temporary opening of the Louis Vuitton boutique in a museum. This year also marked an iconic collaboration of Marc Jacobs and Richard Prince. The ‘Ultimate Travel Bag’ was created, and the Core Values Advertisement Campaign with Andre Agassi, Steffi Graf, Catherine Deneuve, and Mikhail Gorbachev debuted. This year also saw the opening of the first store in Cyprus, Greece.
In 2008 The Damier collection launched a new Graphite Damier line. Also, the company celebrates the 10th anniversary of the City Guides collection. Sofia Coppola is honored with a collection under her name that is launched in Tokyo. Stephen Sprouse in New York is celebrated with a tribute in his honor. In Auckland, New Zealand, the Louis Vuitton Pacific Series takes place. Another inauguration for the Takashi Murakami exhibition of Guggenheim Bilbao is admired.
Faithful to its heritage, Louis Vuitton has opened its doors to architects, artists and designers across the years. Also while developing disciplines such as ready-to-wear, shoes, accessories, watches, jewelry and stationery. These carefully created products are testament to the company’s commitment to fine craftsmanship.
The success of the Louis Vuitton label is based on grand French style, which recognizes the beauty of an object in its function and mobility. Louis Vuitton has brought unique designs to the world, combining innovation with style, always aiming for the finest quality.
The commercial policy is based on exclusivity, especially to combat against the rising attempts at falsification. For this reason, the fashion house’s products can only be acquired in their single brand stores or online at their official website www.louisvuitton.com. The brand’s attention isn’t limited just to the fashion system: interested in new trends, Louis Vuitton runs a cultural space at 101 Champs Élysées where young artists are left to propose and promote their art.
In 2010 Louis Vuitton published the book 100 Malles de Légende, a work that traces the story of the maison through a photographic support of more than 800 shots.
In February 2011, the first app of Louis Vuitton was launched, following the collaboration of the brand with Apple. “Look at the world through the eyes of Louis Vuitton”, the brand’s motto that they presented to refined travelers from every corner of the world. Vuitton’s success was unstoppable. Also, their campaign, “City Guide,” the line of luxury travel guides, updated a 2011 edition with new and unexpected cities like Porto Cervo, Beirut, Courchevel, Gstaad, Oxford, Palma de Mallorca and Thessaloniki.
2014 is another turning point, when Marc Jacobs, the creative director of the maison, is replaced by Nicolas Ghesquière, the French fashion designer discovered in 1997 by Balenciaga. The brand’s attention is not only directed at the fashion system: the interest in new trends has led the brand to open a cultural space on the Champs Élysées, where young artists have the opportunity to propose and promote their art.
Louis Vuitton, in 2016 has an estimated $ 20 billion value, and is at number 19 of Forbes’ list of the 100 most prestigious brands in the world.
Today, the Maison remains faithful to the spirit of its founder, Louis Vuitton, who invented a genuine “Art of Travel” through luggage, bags and accessories which were as creative as they were elegant and practical. Since then, audacity has shaped the story of Louis Vuitton.
Currently, Nicolas Ghesquière remains the Creative Director of Women’s Collections. Also, Kim Jones remains the Creative Director of Men’s Collections.
The origins of Prada begin in 1913 when Mario Prada, Milanese luxury craftsman, opened a shop at Galleria Vittorio II in Milan.
Prada is innovative in the field of travel goods, accessories, and luxury goods. The branded uses refined materials, high quality craftsmanship and state of the art design for its products. The brand has quickly become a point of reference for leather accessories and items precious from all over the world.
Thanks to the quality of its creations, Prada meets the demand of the most demanding, experienced clients of the international market, and of high society. In 1919 Mario became an official supplier of the Real Casa d’Italia, obtaining the right to include the coat of arms and the Sabaudi knots in his own brand. (Source: “Prada”, edition 2009, Prada Arte project).
On the other hand, Mario Prada ideas made it clear, his goal was to:
“Collapse the shortage of objects that participated in the adventure of stylism, but with detachment; They were fashionable, and unable to go fashionable in the course of a season.”
Miuccia: The Rebellious and Ingenious
Mario’s granddaughter, Miuccia Prada, is an ex-jury of the good bourgeoisie, a sixty-year-old passionate about theater and mime, enrolled at the Small Theater School and the Udi (Union of Italian Women) of the Communist Party.
In 1978 Miucca became part of the family business. Together with her partner and husband, Patrizio Bertelli, they transformed the brand into a world-class luxury goods Made in Italy business. After Miucca took over, the brand begins to compete with Louis Vuitton, Chanel, Hermès, Gucci.
The company becomes highly industrial, and at the end of 1997 Prada can rely on:
8 establishments with 1184 direct employees;
119 single-store shops, of which 94 are directly controlled;
A total turnover of 1,147,202 billion lire.
The stages of this ascent to the top of international fashion are marked by Miuccia’s creative intuitions and Patrizio Bertelli’s clever business strategies and communication.
The Eighties: Nylon and American Success
In the early 1980s, Nylon handbags arrived in a patented material, Pocono, originally used for military parachutes. Bags are identified by the iconic logo: an inverted metal triangle inspired by the closure of Mario Prada’s trunks, which soon become objects of worship. In 1979 the first shoe collection was launched.
In 1983 he opened the first Green Store in Milan, designed by architect Roberto Baciocchi. It is characterized by a particular shade of light green that will soon be recognized worldwide as Green Prada. From this moment on, Prada opens a network of Green Stores all over the world, the color remaining so unique. (Source: “Prada“, edition 2009, Prada Arte project).
In 1988 the big jump in women’s clothing took place. The decade of the most spectacular hedonism and consumerism of the century. Opposed to “minimalism”, Prada’s fashion is actually the conceptual elaboration and aesthetic disorder of our time, but without any abstraction.
The return to Milan
Prada is Miucca, a bourgeois and schismatic girl who has become a character, with her stage in New York. She turns naked legs even at 10 degrees below zero, wears woolen socks with sandals, and wears a second-long chiffon skirt over rough tweed, which invented her wind-jacketed jackets.
Only after becoming a “case” in the United States and the Anglo-Saxon press, the Prada-Bertelli reported collections on the Milanese catwalks. The Italian journalists who, before the American trip, left empty whole files of the fashion shows in Melzi d’Eril , are left outside the door of the new Via Maffei.
There is a scandal in print, with accusations of censorship. But, the name Prada becomes popular far beyond the fashion world. Also, because the couple follows the common passion for contemporary art, and become collectors to patrons.
The Nineties: The Foundation and the Big Acquisitions
1993: Prada Foundation was founded, followed by the first exhibitions: Eliseo Mattiacci and Nino Franchina. In the same year the Men’s line and Miu Miu, the independent brand created specifically for Miuccia, were created.
1995: The Prada Foundation, a Milan art space, hosts artists such as Anish Kapoor, Michael Heizer, Louise Bourgeois, Dan Flavin, Laurie Anderson, Sam Taylor Wood, Mariko Mori.
1997: Patricia Bertelli, a sailor expert, decides to sponsor and take part in the 2000 America’s Cup in New Zealand.
The choice is to support the new line Prada Sport, a research laboratory for new materials, forms, and behaviors.
June 1998: Prada becomes an important shareholder of Gucci, and listed on the New York Stock Exchange. However, in January 1999, with 34.4% of Gucci by the French group, LVMH (Louis Vuitton Moet Hennessy), Prada surrenders its shares to Bernard Arnault. In six months the brand achieved a surplus of 192 billion Lire to invest in the increasingly international brand development.
In the following years:
The purchase of the majority of Helmut Lang;
Participation in De Rigo (glasses);
A minority stake in Church’s, English shoes;
Then the big hit, the purchase of Jil Sander (75 percent of ordinary shares and 15 of those listed on the Stock Exchange);
Finally the winning public offering of the Church’s majority and the alliance with Bernard Arnault and his Lunch for the holding of the Fendi brand. It is the end of August 1999.
The Epicenter Project.
In 1999, the brand inaugurated a unique project in collaboration with AMO, the think-tank of Office for Metropolitan Architecture (OMA) and the architect Rem Koolhaas. Miuccia Prada and Patrizio Bertelli entrust AMO with the task of analyzing world shopping trends, conceptualizing new products and applying their findings to new types of stores. Thus, the project of three Epicenter projects, designed outside the type of Green Store, is designed to become a true experimental laboratory.
Strong with an identity that transcends the simple brand, the company continues to affirm its originality in new and unexpected ways. He is among the first to collaborate with visionary architects such as Rem Koolhaas and Herzog & de Meuron, winners of the prestigious Pritzker Prize. The Epicenter of New York, Tokyo and Los Angeles, so different from the classic concept of the store, are the result of A careful analysis of the dynamics of the market in contemporary society and of revolutionary architectural innovation. In these boutiques are exposed luxury goods that are the result of extraordinary technology and design, alongside a multitude of exclusive activities and events. (Source: “Prada”, edition 2009, Prada Arte project)
From 2000 to 2005
A New Venue for Collections
At the beginning of the year, the company is recognized by Interbrand among the 100 most important brands in the world. Starting in 2000, Prada presents its collections in Fogazzaro Street, Milan, in a former industrial establishment. The building, renovated for this purpose, is constantly being reconfigured, giving rise to new architectural environments. In order to enhance the concept of collections, in fact, unique movies, videos and sound settings are projected. (Source: “Prada“, 2009 edition, Prada Arte project)
A joint venture with LVMH, called Lvp Holding Bv, is formed in July for the acquisition of 51% of Fendi’s ordinary shares. In October, the acquisition of 100% of Azzedine Alaia’s shares will take place. The Eyewear and Beauty collections debut.
The 2000 Budget
Consolidated sales grew 56.6% compared to 1999. Gross margin increased by 49.8%. Net income was down 184 billion lire (-42.7%). However, the 1999 figure is influenced by the gain on the sale of Gucci shares to the LVMH, net of which the profits would be 134 billion.
The debt remains high, but it is not due to financial mismanagement, but from the many acquisitions carried out in 1999 and 2000: Church’s, Helmut Lang, Jil Sander, Fendi (joint venture with LVMH) and Azzedine Alaia. Significant ratio of net debt to net equity improved in 2000, thanks to Prada Holding’s capital increase of €260 million.
The budget of the Jil Sander House, which accounts for 10% of total turnover, showed a turnover of €134.8 million. The markets with the largest competitive presence is Germany and American. In Italy, the brand is present in Milan, with a showroom in Piazza Castello.
Acquisitions of 2001.
February: Acquisition of 70% Santacroce.
April: Acquisition of 51% of the company Car Shoe, a brand created and patented in 1962 by the Lombard artisan Gianni Mostile, shoe manufacturer for motorcycle enthusiasts. The value of the operation was not known.
July: Acquisition of 70% of Genny, a Marche company led by Donatella Girombelli. Rumors add up to $100 billion to $120 billion in sales, a figure that must be taken out of the high debt.
November: Agreement with LVMH for the sale of 50% of the Prada Group’s holding in Lvp Holding BV (holding Fendi’s shares owned by LVMH and Prada) for a value of €295 million. Prada and LVMH had purchased 51% of Fendi in 1999, paying $425 million. The figure serves to lower the indebtedness of the Italian Group.
The Epicenter of New York
After three years of research, Prada opens the first Epicenter in New York, at Broadway’s Guggenheim Museum SoHo. Rem Koolhaas and OMA create a scenic spectacular design of a wooden wave linking the ground floor to the bottom. With suspended and motorized hanger cages that move along a network of ceiling mounted rails, and a real stage that Gets out of the wave to host special events. The project has an immediate success and remains one of the most prominent contemporary Prada stores worldwide.
One of the most important features of the New York Center is the northern wall that extends for a whole block, reaching the length of sixty meters. From the earliest designs, OMA conceived the wall as a kind of canvas on which to apply temporary wallpaper. Prada and New York Design Studio 2 × 4 have created different wallpaper to produce ever-newer content. Almost at the same time as the opening of the New York Center, Prada started designing the second Epicenter, located in Tokyo, with the Swiss architects Herzog & de Meuron. (Source: “Prada”, 2009 edition, Prada Arte project)
The long-awaited listing on the Milan Stock Exchange is postponed due to the unfavorable time. The multiple acquisitions made in recent years have exacerbated the debtor situation of the Group, which, in order to face it, is considering issuing. It paves the €700 million bond in favor of Prada. The demand from investors was five times higher than the availability. The €700 million will be used: 300 for capital increase and 400 for repayment of debts.
Financial situation in 2002
March: Debut in Moscow, in the central Tretyakov Passage, the first single-member in Russia. Group Partner is Mercury Distribution.
June: A joint venture was established with the Puig group for the creation and distribution of perfumes and cosmetics marked by the Prada brand. With the purchase of the remaining 25% of Jil Sander, Prada has total control of the German brand.
August:. The remaining 24.29% of Genny Spa is found. The Genny and Byblos brands, to which Ozium is added, are present in the high-end prêt-à-porter and in other product lines including leather goods, glasses, and perfumes through contracts License.
September: Fabio Zambernardi is the design director of the Prada and Miu Miu brands for clothing, footwear, and accessories lines. The limited edition GTS Chrono-Automatic IWC for Prada watch is launched.
Prada and Miu Miu’s direct sales outlets total 160. Group revenues amounted to €1.57 billion. The business volume has maintained a balanced geographical distribution: 26% Italy, 25% rest of Europe, 23% North America and 26% Japan and Asia-Pacific area. Historical brands Prada and Miu Miu contributed 83% of total revenues. Consolidated net income is €27 million.
Prada points to Japan: The Epicenter of Tokyo
March: An agreement was reached for the distribution of Prada glasses with the company Avante-Garde Optics (Luxottica Group) in the USA, Canada, and Puerto Rico. Bertelli announces Group plans for the year. Investments will fall from €130 million in 2002 to €100 million, and will be channeled mainly in the relaunch of younger brands.
Debut a new flagship store in the Ginza district of Tokyo. The third in the Land of the Levant. For the occasion, Prada has produced a Limited Edition Series (2000 copies) exclusively for the Japanese market.
The new Epicenter Prada debuted in Tokyo, designed by architects Herzog & de Meuron. The six-story building, located in the Aoyama district, is one of the city’s most recognizable architectural works. The green glass façade protrudes from a diagonal grid that forms the structure, while it houses commercial areas, lounges and spaces for events. (Source: “Prada”, edition 2009, Prada Arte project).
July: A ten-year license agreement with Luxottica Group, a world leader in the optical industry, for the production and distribution of sunglasses and watches with the brands Prada and Miu Miu, begins. The deal contemplates the acquisition by Luxottica of the 100% production and distribution companies of the Prada Group, for a total value of €26.5 million.
The Epicenter of Los Angeles
In 2004, it opens the flagship store of Hong Kong. Miuccia receives New York’s International Award from Cfda.
After the success of the New York Center, OMA plans a new space on the historic Rodeo Drive in Beverly Hills. In some respects, the new project is the reverse of New York: a wave rises from the road level, rises to the second floor and goes down again. The facade is made up of a single aluminum plate. Many of the inner walls are made up of a special resin sponge that gives an unusual ‘porous’ appearance to the spaces. (Source: “Prada”, 2009 edition, Prada Arte project)
In the same year, the brand expanded its activities by sponsoring Luna Rossa, a sailboat participating in the America’s Cup, and the consequent introduction of the ad hoc technical clothing line the following year.
In April, an agreement was reached with Aedes. This will give rise to Real Estate International, which acquires Prada Group real estate assets for an estimated value of about €100 million and with a capital gain of €30 million of Prada.
Meanwhile, Helmut Lang’s acquisition is completed. The brand headquarters in New York are moved to Milan, while opting for the suspension of Genny’s clothing line, acquired three years earlier.
Departures and the Launch of the First Perfume
In 2005, Simonetta Ciampi was appointed design director for bags and accessories. In the following period, the Prada Group became lighter. With the sale of Helmut Lang, Jil Sander (2006) and Azzedine Alaïa, which returned to 100% in the hands of the Franco-Tunisian designer, while investors entered Banca Intesa, a 5% stake. This involves the incorporation of the Lamos shoe factory and in conjunction with the announcement of the start of the auction.
Also in 2005, for launching the first female fragrance, Miuccia Prada invites filmmaker Ridley Scott, and her daughter Jordan, to collaborate on the production of a short film. To represent the complexity of the feminine essence, Jordan chooses an ancient 1st-century poem entitled “Thunder Perfect Mind”, which illustrates the countless facets of the female psyche. “Thunder Perfect Mind” is shot by father and daughter in Berlin, and has Daria Werbowy, protagonist of the different female roles of wife, virgin, mother, daughter, and lover. (Source: “Prada”, 2009 edition, Prada Arte project)
From 2005 to 2010
In March 2007, Prada launched Prada Phone by LG, the first fully mobile touch screen phone. More than a million pieces sold in 18 months of presence on the market. The process of asset optimization gives its fruit: Prada S.p.A. Closes 2007 with record profit of €127 million, up 65.8% over the previous year.
At the beginning of 2008, during the New York Fashion Week, Trembled Blossoms is presented. In line with Prada’s creative process, Tremclothing, bags, and packaging. The Trembled Blossoms movie is presentedbled Blossoms is born out of contradictory ideas. The interweaving of Miuccia Prada’s many inspirations, ranging from Art Nouveau to Hieronymus Bosch’s paintings, are perfectly restored by surreal designs by artist James Jean, which stimulate the creation of wallpaper, animated shorts, printed fabrics, at the New York Center in the fall of 2007, accompanied by a live performance by the Coco Rosie group, which made up the soundtrack of the film.
The film is subsequently screened during a series of exclusive events in the Epicenter of Los Angeles and Tokyo. (Source: “Prada”, edition 2009, Prada Arte project).
An animated short film, entitled Fallen Shadows and directed by James Lima. Inspired by the collection by Steven Maisel in the campaign with Linda Evangelista, features an innovative technique of overlapping digital and traditional images: a hand-painted backdrop makes the background a new generation animation created entirely on the computer. (Source: “Prada”, edition 2009, Prada Arte project).
Prada and Contemporary Art
The Waist Down Show
Among the projects for art, Waist Down, is an itinerant exhibition that collects and exhibits the most original and significant models of skirts created by Prada from 1988 to today. The show is conceived by Prada and AMO as a modified event from time to time based on the exhibition space intended to accommodate it. The inauguration of the exhibition takes place in 2004 at the Tokyo Interstate, the second location is the famous Peace Hotel in Shanghai.
In 2006, Waist Down moved to New York City Center in SoHo to continue at the Los Angeles Downtown in Beverly Hills and finish with the inaugural installation of the Prada Transformer in Seoul. Each evolution interprets and conforms to the different exhibition spaces, mixing activities and features of the event with the culture of the host city. With Tokyo in 2004, Shanghai in 2005, New York and Los Angeles in 2006, and Seoul in 2009. (Source: “Prada”, edition 2009, Prada Arte project).
Subsequently, the Prada Transformer project is an installation housed for six months next to the historic Gyeonghigung Palace in downtown Seoul, capital of South Korea. It will combine several disciplines within a single building, gathering the various facets of Prada while respecting its autonomy and uniqueness.
Designed by Prada, in collaboration with architect Rem Koolhaas, tetrahedron has been conceived to host four events dedicated to art, cinema, fashion, and the world of culture. Each event has a distinct planimetry: hexagonal, rectangular, cruciform, and circular. Compared to any typical exhibition space that suits everything, the Transformer literally overturns, adapting its appearance to the features of each event.
In recognition of the cultural value of this cutting-edge project, the President of the Italian Republic Giorgio Napolitano wanted to include the Transformer on his state trip to Korea. This is the only case in the history of the Republic, where a private building is included in the program of the official visit of the Head of State.
The America’s Cup
The Prada Group’s horizons transcend the boundaries of fashion: art, architecture, cinema, culture. Also, major challenges such as the America’s Cup are an integral part of the core values of the brand. Passionate and competent sailor, in 1997 Patrizio Bertelli launched an Italian challenge to America’s Cup, the most important sailing international competition. The ‘Red Moon’ boat wins the Louis Vuitton Cup, the Challenger selections for the 2000 America’s Cup, thus winning the right to challenge the New Zealand defender, which will then be defeated in a fierce final. But ‘Luna Rossa’ will remain a national phenomenon, an icon that has written one of the most important pages in the history of Italian sports. Never before had a sailing event been so followed in Italy.
A few months later, the new Prada Foundation in Milan, curated by Rem Koolhaas, opens to the public in May 2015. An area of 17,500 square meters in an industrial complex of the early twentieth century. In the field of art and culture, the Foundation is considered a true reference world-wide. The attention and interest of Miuccia and Maurizio Bertelli for the contemporary art world lead to the decision to open a space where presenting exhibitions realized in full collaboration with Italian and international artists.
“Prada Foundation is an initiative that aims to receive and retransmit the deepest mental provocations of the art of our time.” Miuccia Prada.
Over the years, the Prada Foundation has explored several research subjects, opening up to issues related to areas such as architecture, philosophy, science, design, and cinema.
From 2011 to Today
Fondazione Prada in Venice
Starting June 2, 2011, the Foundation opened a new exhibition space Ca ‘Corner della Regina”. A prestigious eighteenth-century building overlooking the Grand Canal in Venice, after an important conservation restoration intervention. This impressive historic building, which was made available by the Venice Civic Museum Foundation for 6-12 years, has inaugurated a complex and articulated exhibition that reflects the multifaceted activity of the Foundation.
As of June 24, 2011, the Group placed 20% of its shares on the Hong Kong Stock Exchange, recording an initial valorization of the company at €9.2 billion, with the offer covered 3.5 times the available shares.
The “24 Hour Museum” Project
In 2012, Prada launches the “24 Hour Museum” project, conceived by Francesco Vezzoli, in collaboration with Rem Koolhaas’s AMO study. The installation for the “24 Hour Museum” has proposed three distinct moments, each inspired by a particular type of museum space: historical, contemporary, and forgotten. In the three areas, Francesco Vezzoli has imagined a “museum that is not there.” Where he exhibited his homage to the eternal feminine, and the interpretation of classical sculptures that allude a contemporary feel.
In the tradition of collaboration with artists and multiple approaches to the creative process, Prada intervenes to create a new project of linguistic and visual experimentation. The whole exhibition lasts 24 hours, a stage for a great party Baroque.
The Exhibition “Impossible Conversations”
Also in 2012, the Costume Institute, the Metropolitan Museum of Art, hosts the exhibition Schiaparelli and Prada: Impossible Conversations. From May 10 to August 19, 2012 (preceded on May 7 by the Gala Benefit Event), the exhibition explored the unexpected affinities between the two Italian stylists belonging to different epochs.
Taking inspiration from Miguel Covarrubias’s “Interview impossible” for Vanity Fair in the 1930s, curators Harold Koda and Andrew Bolton gave rise to unreal conversations between these two women. Suggesting, new keys to reading their innovative work.
Elsa Schiaparelli’s and Miuccia Prada’s icons are presented in galleries. Along with 8 videos that simulate a series of conversations between the two stylists directed by Baz Luhrmann to illustrate how in their work they have explored similar themes through very different approaches.
Prada for “The Great Gatsby”
In 2013, Miuccia Prada collaborated with costume designer, Catherine Martin, to create a collection of over 40 exclusive evening cocktail dresses by Miu Miu and Prada for “The Great Gatsby” by Baz Luhrmann. A special show of selected costumes was exhibited at the New York Center from May 1 to May 12, then moved to the Tokyo Expo Center from June 14 to June 30, and finally moved to the IFC Mall in Shanghai from 11 to 21 September 2013.
The show, “Catherine Martin and Miuccia Prada Dress Gatsby”, combines evening dresses, hats, footwear, and jewelry with sketches, scene photos, backstage footage, and movie trailer. Also, mannequins wore the looks of each character accompanied by video from both the film and behind the scenes. Curated by New York’s 2 × 4 studio, the show was designed to change at each stage in order to reflect the unique features of each city that hosted it.
The Prada Gallery and Journal Projects
In 2013 Prada acquires an entire sky-earth portion of a property in Galleria Vittorio Emanuele II overlooking the Ottagono and overlooking the historic store dedicated to female collections.
The project “The new Prada Gallery” is being developed in several phases. The first one sees the opening in 2013 of the new Prada Man shop on the ground floor of the palace. The spaces are entirely restored according to the aesthetic and architectural apts of the historic store of 1913.
The next phases of the project include the opening of a dining area on the mezzanine floor and the opening of exhibition spaces devoted to the Prada Foundation.
Also, in 2013 is the launch of Prada Journal, a literary competition in collaboration with Giangiacomo Feltrinelli Editore and Luxottica. The literary competition also arises from the curiosity of exploring innovative languages through forms of expression that converge on the written word, creating an independent platform of interest and an unusual editorial search reserve. Prada Journal had two more editions in 2014 and 2015.
Two New Short Film’s
In 2013, Prada presents Cannes’s short film “A Theraphy”, written and directed by Roman Polanski, starring Ben Kingsley and Helena Bonham Carter. The author of The Pianist and Carnage has imagined a somewhat weird psychoanalytic sitting where Tim Burton’s wife interprets a rich and bored lady, gripped, while Kingsley is her analyst.
In 2014 another film collaboration: an 8-minute short film directed by critically acclaimed American director, Wes Anderson. Cavalcanti Castle is perfectly located in Anderson’s authoritative universe, only this time in Italy. It’s September 1955, and Jason Schwartzman just went to slam with his racing car against a statue of Jesus. The result is a popular story about cases of fate in a typical ‘Andersonian’ style.
Close to its first centenary, is a holding company employing more than 7800 employees and distributing its products through a network of 353 stores in more than 70 countries.
Acquisitions of 2014
In March, Prada SpA announces the acquisition of 80% of Angelo Marchesi Srl, owner of the Milanese pastry factory founded in 1824. The same year is the acquisition of the historic tannery Mégisserie Hervy at Isle, near Limoges. The acquisition was carried out jointly with Conceria Superior SpA of Santa Croce, a long-time industrial partner of the Prada Group. The aim of the operation is to ensure the recovery and revival of a productive structure which is an example of excellence in the tannin tradition of lamb skins and in particular of “plongé” tassels, with the aim of preserving its precious craft know-how.
Also in 2014, the launch of the Pradasphere project, an exhibition dedicated to the Prada brand and curated by the 2 × 4 studio in New York. The first edition is hosted by Harrods in London for a month. The exhibition follows the multifaceted obsession of the brand through fashion, art, architecture, cinema, sports and more, forty showcases, a pop-up store, video installations, and the elegant Marchesi pastry shop. The second edition of Pradasphere took place in Hong Kong, in a space specially created for the occasion.
After the acquisition of Angelo Marchesi Srl, in September 2015 Pasticceria Marchesi presents at the space, via Monte Napoleone 9. This is the first place after the opening of the historic Milanese coffee. Marchesi Monte Napoleone remains faithful to its style and its impeccable quality, offering a wider range of products. Designed by architect Roberto Baciocchi, the new shop extends over an area of 120 square meters and the interiors reinterpret the atmosphere and charm of Via Santa Maria at Porta 11 / a.
Within a year, Pasticceria Marchesi opened a third shop in the heart of Milan, within the emblematic Galleria Vittorio Emanuele II, a symbol of the city. At the new space, located on the mezzanine floor of the building that houses Prada Man. You can access via stairs or elevators from both Galleria Vittorio Emanuele II and the Prada store. The new Marchesi space is spread over an area of 250 square meters and reinterprets the atmosphere and fascination of the historic shop of Via Santa Maria alla Porta. Located in a charming setting marked by numerous arch windows, overlooking the beautiful frescoes and precious floors to the mosaic of the Gallery.
The Restoration of the Last Supper by Giorgio Vasari
On November 4, 2016, Giorgio Vasari’s restored the masterpiece in Santa Croce, fifty years after the Flood. Thanks to the commitment of Opificio delle Pietre Dure and the contribution of Prada, Getty Foundation, and Civil Protection. The ceremony takes place in the presence of the President of the Italian Republic Sergio Mattarella and Patrizio Bertelli, Managing Director of the Prada Group, Irene Sanesi, President of the Opera of Santa Croce, Marco Ciatti, Director of the Dure Stone Store, and Antoine Wilmering, Getty Foundation Senior Program Officer.
Giorgio Vasari’s Last Supper, which water and mud swept through this museum’s hall on November 4, 1966, has been preserved for decades in a Superintendency depot along with many other flooded works. After fifty years, thanks to new technologies, the restoration and the painting have been relocated to the Cenacolo. Thanks to the new technology, the Structure of Pietre Dure and the support of Prada, Getty Foundation and Civil Protection to make this possible. The Return of the Last Supper to Santa Croce is a virtuous example of patronage that has seen together in more than ten years. Thanks to Prada, who made it possible to intervene on the painting, the Getty Foundation for wooden support, and Civil Protection who allowed studies and surveys.
The Past Forward Project
Past Forward is a multi-platform film project born in 2016 by the collaboration between Miuccia Prada and US director and screenwriter, David O. Russell. Acclaimed for films such as American Hustle, The Fighter, and The Positive Side. Russell has imagined Past Forward as a dreamy, surreal, and silent landscape with an eclectic cast that re-plays scenes in variable combinations. The result is an unreliable story, a parallax view in which scenes, characters, costumes, genres, and even multiple endings, repeat and turn away. Rejecting the logic of conventional fiction. Russell represents his characters as elements of a complex collage, leaving the spectator the task of decoding what experience, memory, dream, and understanding overlap and differences between them.
Prada Opens Observatory
In December 2016, the Prada Foundation opens Osservatorio, a new exhibition space dedicated to photography and visual languages. Located at Galleria Vittorio Emanuele II in Milan. Observatory is a place of exploration and investigation of the trends and expressions of contemporary photography. The constant evolution of the medium and its connections with other creative disciplines and realities. In a historical moment, in which photography is an integral part of the global digital communication flow, the Prada Foundation, through Osservatorio’s activities, questions the cultural and social implications of current photographic production and its reception. It extends the repertoire of modes and tools with which the Foundation interprets and relies on the present.
Located on the fifth and sixth floor of one of the central buildings, the Osservatorio is above the octagonal, at the level of the glass and iron dome covering the Gallery created by Giuseppe Mengoni between 1865 and 1867. The environments, rebuilt in After World War II following the bombings that struck the center of Milan in 1943, they underwent a restoration that made available an 800 m2 exhibition space developed on two levels.
The Shaping Conference at Creative Future
In March 2017, the Prada Group presented to Milan “Shaping to Creative Future”, a conference organized in collaboration with the Yale School of Management and the Politecnico of Milan School of Management. The event explored new possible connections between sustainability and innovation. This led to a confrontation between entrepreneurship, culture, and the international academic world. During the first day, at the Prada Foundation, teachers from both universities met with representatives of companies and associations to work out a critical perspective that was the focus of discussion on the next day. The following day, at Prada’s headquarters, entrepreneurial personalities, and spokespersons of international organizations met at a plenary conference, enriching the debate with inspirational insights and personal experiences.
The origins of Tod’s dates back to the turn of the twentieth century, when Filippo Della Valle, Diego’s grandfather, founded a small shoe manufacturer.
“My family has always had leather as a ruling force,” recalls the current chairman, Diego Dalla Valle. “My grandfather Filippo was a shoemaker, who worked in his kitchen at home, at first helped by my grandmother and then by the six children as they grew up. Twice a week my dad (Dorino), who was in charge of production, and uncle Pasquale, in charge of marketing, would travel by night on bicycles, or in freight trains, to save money, to Pescara, Forlì and Bologna, to sell our products to wholesalers who serviced the market stalls.”
In 1920 Tod’s started from a leather an at home shoe making workshop, founded by Fillippo Della Valle in Sant’Elipidio, Marche, Central Italy. Later, in the 1940s, Dorino Della Valle, took over the company after Fillippo’s death, and slowly started to grow this small shoe-making factory. He took on greater responsibilities within the structure of the footwear manufacturer that was producing, at the time, only women’s shoes.
At the end of the 1960s, Dorino Della Valle completed business on his own, with the help of his wife. Diego Della Valle, the son of Dorino Della Valle exclaims,
“my mother, Maria Micucci would stitch together soles and uppers, letting me sleep in the baskets of shoes to keep an eye on me.”
Diego Della Valle Enters the Company
Dorino expanded the company into the US successfully, and started to sell his shoes in major department store in US. Diego began working for the company in the 1970s, after an attempt at university studies. He took just four exams in two years, in the department of law.
“In effect, the lack of a desire to study has always been a family disease. So I went back home and started working with my father.”
Through the 1970s Diego Della Valle expanded Fillippo’s workshop into a wider impact to the whole industry. Then, in 1979, Diego Della Valle became President of Tod’s. Also at this time, the vice president was his brother, Andrea Della Valle.
Renamed to Tod’s S.p.A.
In 1986 Diego Della Valle became the sole administrator of the company, which in the meanwhile had been renamed Tod’s S.p.A. New concepts in terms of product lines, marketing plans, and corporate strategy transformed the family workshop into one of the leading players in the production and marketing of luxury footwear and leather goods.
Later, the brands Hogan and Fay were introduced into the Tod’s Group in the 1980s.
Hogan stood out for its high design content. The basic model, inspired by English cricket shoes from the 1930s, was made with a double overlapping upper in order to make the shoe more durable. With a foam rubber padding of the edges and the insole, and a sole with an undulating design to ensure maximum flexibility. Initially focused on the production of footwear for women, men, and children, Hogan recently diversified into leather goods.
Founded by the Tod’s Group in the late 1970s, the Fay brand was originally born in the United States, specializing in the production of robust corduroy cotton and nylon fishnet jackets jackets closed by four hooks inspired by American fire-fighters. Today the brand features male and female lines, complete with accessories, and a kids line. Fay is characterized by the distinctive Double Life philosophy. In each Fay collection, the garments are designed to address different business and business opportunities. Also, Leisure is for the city or the most dynamic outdoor contexts. The “Fay Code” is today synonymous with informal, sophisticated, cosmopolitan and versatile elegance. The expression of an Italian taste that, inspired by an international breath, combines quality, luxury and research in a timeless balance between tapestry and innovation.
In the 90s Fay joined the eloquent quality of Made in Italy and the style of tradition. The brand evolved into a cosmopolitan taste that moves its footsteps from tailoring to anticipate new urban scale trends worldwide, listening attentively to a constantly moving audience.
Excellence in quality is an absolute must for the entire group. This is guaranteed by the high proportion of craftsmanship in the manufacturing process and a strict control of the raw materials and all the phases of the production process. Tod’s shoe manufacturing requires more than 100 working phases, from handmade leather to sewing of individual components of each model. A shoe can be made up of 35 pieces of leather, each of which is treated and manually checked before being assembled.
The entire process involves several skilled craftsmen in carrying out a precise task. The skins come from the best tanners in the world and, like fine wine, some pieces have to wait years to reach the right color and consistency point. Every single piece is checked by the experts to evaluate their color, strength and thickness to achieve a perfect homogeneity, otherwise it is discarded. Once the finished product is reached, every pair of shoes is carefully examined and the defective models are eliminated.
The same procedure is followed in the realization of the bags, which stand out for a craftsmanship similar to the old procedures used for saddlery.
Production is primarily carried out in 9 fully owned plants, 7 for footwear, and 2 for leather goods. Also, a part is outsourced to a few specialized workshops, which the company has established stable and long-lasting working relationships. Diego Della Valle has always rejected espansionist policies by acquiring some luxury players.
“I do not see the advantages of a pole. Each brand has its own research and product offices, advertising campaigns are autonomous, as well as mono-brand stores. In short, synergies are limited to production and logistics. With the risk that buyers do not have organizational structures and managers to devote to what they have bought, they eventually do not control anything anymore.”
The Gommino Loafer
The “gommino” was born in the late 1970s. Diego Della Valle had noticed that they needed footwear ideal for casual chic occasions where a classical Italian prefer to wear a pair of chinos and a blazer and began working on this 50s prototype. The loafer if lightweight, flat, entirely hand-sewn, with rubber balls on the sole, so it simply called “rubbery” and worked. This featured an unusual sole that had 133 little raised rubber circles. In order to make one pair of loafers required 100 manufacturing steps, many of which involved hand labor. The strong point of the Tod’s line was also the selection of fine American leathers and British hides, all rigorously water-repellent and produced by quality, small-scale tanneries.was created with the intention of combining classic Italian style with the functionality of a versatile shoe that can be worn on any occasion.
The loftier has become international famous and worn by movie stars such as Michael Douglas, Catherine Deneuve, Denzel Washington, Antonio Banderas, Gwyneth Paltrow, Samuel Jackson, Orlando Bloom, George Clooney, Claudia Schiffer, and Cindy Crawford.
In 1997 the company launched a collection of classic, modern and chic handbags, able to reflect the same spirit of the footwear line. The most famous was the D Bag, bought by Princess Diana in the Paris boutique, demonstrating the company’s elegant style.
Turnover and Investments in the Early 2000s
By 2000, Tod’s debuted in the electronic market of the Milan Stock Exchange. In 2001, the rise in economic indicators was still in double figures. Turnover increased by 26.6%, while the EBITDA, registered a leap upward of 31.5%.
In 2002, a year of crisis for the luxury sector, the manufacturer had a repeat year. Net revenues amounted to €358.2 million, a 12.5% increase, the EBITDA was €91.8 million, a 13.9% increase. That same year, investments in non-physical immobilization of capital, amounted to €28.6 million, due to the expansion of the network of direct distribution and sales, which grew by another 21 new shops. The capital locked up in material investments amounted to €15.8 million, of which 38% was allocated for the construction of a new manufacturing plant adjoining the headquarters of Sant’Elpidio a Mare. All the investments were self-financed, given that the financial situation was in the black to the tune of €46.7 million.
Enter into BNL
The label Tod’s, accounted for 57.2% of total sales, continues to bring in the lion’s share. During the same period, the company acquired 4.6% of Italy’s Banca Nazionale del Lavoro, so that Della Valle is now the third-largest shareholder, after the Basque group BBVA and Le Generali. Tod’s CEO, Diego exclaims,
“The objectives of this investment is to help, along with the other primary partners, to reinforce the stability of the bank. I am an industrialist, not a financier. I decided to buy into BNL on the basis of an industrial project, and I am in for the long term.”
At the end of 2002, the distribution network included 71 directly operated sales outlets, and 37 franchised stores.
In 2003 revenues and the gross operating margin of the first quarter of Tod’s SpA have increased, at constant rates of exchange, compared with the same period in 2002, by 3% and 17%, respectively. The label Tod’s, accounted for 57.2% of the total sales.
Expansion and Collaboration
In 2006, the comoany entered a collaboration with Marcolin Group to produce sunglasses collection. This year, they started to develop their market in China, and opened the first flagship store in Hong Kong. Until 2009, Tod’s has opened 13 boutiques in China.
Later, in 2011 Tod’s funded the renovation of the Colosseum.
That same year, the company began supporting the Teatro alla Scala in Milan, entering the Theater Foundation. The result of this valuable collaboration is the short “An Italian Dream”.
A year later, in 2012, the leather goods, and accessories of Tod’s became available on Mr. Porter.
2013 the company replaced creative director, Derek Lam, with Alessandra Facchinetti, who made an impressive debut in the 2014 spring summer collection, until her stepping down in 2016. Then, in 2014. Andrea Incontri appointed creative director of men’s wear of Tod’s. Dot’s of Life launched- a modern platform that encouraged people to share their lifestyle on social media through the brand, utilizing a key modern platform.
Tod’s Acquires Roger Vivier
In 2015 Tod’s partnered with Net-a-Porter.com, after their trial launch a year before, to sell their ‘ready-to-wear’ brand of accessories online. At this year, Tod’s SpA acquired Roger Vivier, a French luxury women’s shoe brand. A year later, in 2016 the brand revenue registered €419.4 million in sales in the first nine months of 2016.
Currently, the company’s headquarters still remains at Sant’Elipidio Marche, Central Italy, where Fillippo first started his small home-based workshop nearly 100 years ago. The rapid development of recent years has allowed the Tod’s Group to reach €1.004 million in turnover at December 31, 2016 and reach a number of employees that exceed about 5,000 employees.
As of December 31, 2016, the Group’s distribution network consisted of 272 DOS and 107 franchise stores, compared to 257 DOS and 99 franchise stores at 31 December 2015. Future objectives include the continuation of the investment plan under way, with continued research into new products and a growing international expansion of the direct distribution network.
Throughout Tod’s 90 years alive, they’ve been seeking perfection. Their legacy is intertwined with innovative thoughts and represented in an unprecedented approach. Tod’s everlasting mission is to understand and to pave the way to greatness, asserting the notion that with each step, perfection is possible.
In 1993 the brand, Miu Miu, is created as a womenswear line. Miuccia Prada, the designer, choose the nickname to bring the concept of femininity to the extreme. With a light, ironic style, and at times naive. The point of this brand for Miuccia is to offer a free expression zone.
Later, in 1994 Miu Miu launched their Men’s line. It is a contemporary take on Prada Men’s line. When the Prada brand is reaching the minimalist pinnacle, Miu Miu proposes an idea of naïve sophistication.
The Inspiration: Miuccia Prada
Experienced by nature, Miu Miu empowers a sense of vivacity and youth, understood as a mental condition, not an ancestral one. As a designer, Miuccia Prada focuses on moods that affect styles. For her, it is always irrelevant to determine the material.
Convinced by the changing nature of fashion, Miuccia Prada manages to capture a sensual and glamorous restlessness that will soon become an indispensable part of the Miu Miu DNA.
Miuccia Prada focuses on a clientele that is particularly attentive to the new, unswerving, and sophisticated trends. Miu Miu expresses Miuccia Prada’s vision of an alternative style. Always characterized by a strong personality, completely independent of the Prada brand.
Turning fashion into a mental state and using change as a tool, Miuccia Prada has built a world around Miu Miu, a trademark and at the same time a new way of communicating.
The Movement Growing
Later, in 2002, Fabio Zambernardi, becomes the design director of both Prada and Miu Miu. Also, both brands combined a total of 160 direct sales outlets.
A year later, a boutique debuts in Tokyo, in the Shibuya district. Also, both Prada and Miu Miu enter a ten-year license agreement with Luxottica Group, a world leader in the optical industry, for the production and distribution of sunglasses and watches.
In 2005 the Miu Miu Men’s line is temporarily frozen. Later, after the trials of presenting the collections at the New York, London and Milan fashion weeks, Miu Miu finds its final and natural location in the fashion calendar of Paris in March 2006. By 2007, Miu Miu’s annual sales of womenswear had risen to $297 million, and as it grew in sophistication. Later, in 2008 the Miu Miu Men’s line is closed permanently.
Miu Miu Brand Identity
Comparing with the fashion world in its undisputed capital, Miu Miu uses the magnificence of the Parisian scenery as the ideal stage for its experimental essence, combining the savoir-faire of Parisian couture with a rare and sophisticated elegance, never forgetting irony.
Featuring a state-of-the-art spirit, Miu Miu blends in a constant cross-fading concept of indoors / outdoors, town / country, male / female, couture / street, past / future. The prints create excesses, breaks and counterpoint. Footwear, ironic and eccentric, are a focal point. The boundaries between high and low, trash and elegant are deliberately ignored.
The dialectic of the bourgeois style is then revised. The contrasts are ostentatious rather than hidden. Each piece is made with careful attention to detail. In this perfect frame insert strangeness, contradiction, and intentional errors. Arguing and exquisite finesse are the keys.
Groundbreaking Advertising Campaigns
Innovative advertising campaigns have marked a striking styling: initially shot in a neo-realistic style by Corinne Day and Ellen Von Unwerth, Miu Miu’s images soon developed their unmistakable uniqueness by choosing celebrities as a testimonial.
Since the debut with Drew Barrymore in 1995, the cast has changed constantly and abstractness of narrative style has become a trademark: Kim Basinger, Maggie Gyllenhaal, Vanessa Paradis, Stacy Martin, Hailee Steinfeld, Chloë Sevigny, Amanda Seyfried, Elle Fanning just to make some names, they all participated in print campaigns, made with a cinematic style. The intention is always to define a vision of fluid and spontaneous femininity.
A volatile touch of nonchalance and a sense of senseless unreality persist as a fundamental note of the essence of Miu Miu, constantly changing and never equal to herself.
Women’s Tales 2012
Women’s Tales is an ongoing short film series for the female universe. Made by important international filmmakers with different intellectual formations express their vision of femininity.
It invited filmmakers to celebrate femininity in the 21st century, exploring it with a critical eye. This means embracing the infinite complexities and contradictions of women to reflect and excite them.
In the series of shorts, the Miu Miu collections play a prominent role, alongside famous actresses and models. The Miu Miu leaders act as a contrast to narrative drama. Power, desire. Vanity, refinement. Rites, rules. Dreams, nightmares. Even the smallest moment in a woman’s daily life contains many facets. Women’s Tales narrates these moments and emphasizes the fundamental, enriching role of clothing.
International Store Openings
Miu Miu opened its first boutique in China in the MIX in the city of Shenzhen in 2009. Later, Miu Miu expanded into the North American market. A store was launched in Houston, Texas, in The Galleria during the summer of 2011. Also, in Short Hills, New Jersey, in the fall of 2011. Miu Miu also opened their first Australian boutique at Chadstone Shopping Centre in Melbourne. Then, a second opened at Westfield Sydney in 2011. A branch opened in Glasgow, Scotland, in 2010 and is situated in the Fraser’s department store.
On March 26, 2015 Miu Miu presents his new project with Swiss architectsHerzog & de Meuron. The 720-square-meter building, located in Miyuki Street in the Aoyama district of Tokyo, is the heart of Japanese brand activities. The project is placed diagonally with respect to the famous Epicenter Prada, also designed by the Swiss study. Contrary to the fully glazed Prada building, the discreet Miu Miu metal facade looks dull and hotter. The typological model chosen by the architects is that of a box placed directly at the road level, with the lid slightly raised to mark the entrance and allow passers-by to look inside.
In 2013 Miu Miu, along with Prada, created a collection of over 40 exclusive evening cocktail dresses for “The Great Gatsby”.
In August 2015, Miu Miu launched its first fragrance which captures the spirit of the brand. The surprising combination of lily of the valley and the Akigalawood, creating a feeling of natural and timeless in a contemporary way.
Today, Miu Miu’s worldwide expansion strategy is based on occupying some of the world’s prime retail positions in cities including New York, London, Paris, Milan, Tokyo, Beijing, and Hong Kong. MiuMiu’s global boutiques are the bricks and mortar embodiment of the experimental spirit of the brand. Continually evolving, the shops suggest a dramatic but playful attitude to shopping and dressing up.