Who doesnt make mistakes?. But in real life, per Fordens book, Paolos sportswear collection was met with success. In 1981, they had another daughter, Allegra Gucci, but she was not portrayed and never mentioned in the movie. Its forward of her, yet somehow touching. Sentenced to 29 years in prison for orchestrating her ex-husbands murder, she was released in 2016 after serving 18 years. Moreover, on the day the hit took place, Patrizia's diary had only one entry that said "paradise" in Greek, rather than Italian, as the movie showed. The line was a hit in the press, as was the collection shown in the fall of 1995 that was designed around a retro 1960s style. A lot of people at Gucci had known Maurizio since he was a kid, said De Sole, chairman of Tom Ford International and Sothebys, in an interview last week. In a ploy to kick Aldo out of the company, House of Gucci depicts Maurizio and Patrizia's plotting against him with his son Paolo, who knew ofAldo'stax evasion in the U.S. To getPaolo to turn on his father, they promised him his own line, but when he finally got his fashion show, itwas disrupted by the police. If the Gucci family era of ownership of the Gucci business might be seen as a Game of Thrones/Succession-style battle, the Italian-born, Harvard-educated attorney Domenico De Sole could be seen as the winner. While Maurizios death had no impact on the new 1990s Gucci he had sold his shares to his then-minority partner Investcorp in 1993 it was still shocking for some. And once back in the habit of buying Guccis leather goods, theyd buy one of Fords new $1,100 cocktail dresses or a $1,600 sports coat. He was inconsolable.. before pulling the trigger. But Paolo did suspect it was Maurizio who had called the authorities on him. Among his many endeavors since leaving Gucci, Ford directed the Academy Award-nominated feature films A Single Man and Nocturnal Animals. In a recent interview with GQ, he spoke about the House of Gucci movie project. Her all-time favorite TV shows are Sense8 and Brooklyn Nine-Nine, in which they find comfort when all else fails, and she believes sitcoms to be the cure for all ills. In an exclusive interview with Vogue India, Forden tells us about the day of the murder, why she believed Patrizia had Maurizio killed and more. Having created an immensely valuable franchise out of ashes, De Sole is not likely to take orders from Arnault, five years his junior. Aldo wove a complex web of companies, subsidiaries and franchises to license out the Gucci name for other products besides its signature leather goods, creating a vast engine for profits. One of the scenes inHouse of Gucci'sendingdepictsMaurizio's murder. She proclaims that her marriage will not end, and Maurizio must think of his family first. In 1993 Guccio Gucci SpA, whose supple loafers adorned some of the worlds wealthiest feet and whose distinctive handbags were draped over many a pampered shoulder, lost over $22 million on revenues of $230 million. In 1997 revenues reached $975 million and the net came in at $176 million a high (even by luxury goods standards) 18% of sales. But the company and its greatness play a significant part in it, as well as how it has fared in recent decades. House of Gucci, Tom Ford and Domenico De Sole - Mimi Tang on the Italian luxury label's Asia success story | South China Morning Post Former Gucci Asia-Pacific head Mimi Tang talks about. I didnt believe it. When Paolo aligned his interest with Maurizios 50%, he tipped the scales to begin the process that ultimately led to the family no longer owning the company. 10 of 10 Camille Cottin as Paola Franchi. Gucci now owns and operates 124 stores, twice as many as in 1995, and new ones are sprouting all the time in Milan, Vienna, Zurich, Hong Kong and Tokyo last year alone. Domenico de Sole (Jack Huston) Gucci family advisor Domenico is another Porsche fan, turning up in his slick black 911 Targa. It was likely Aldo Gucci who began the story that the family was descended from noble saddlemakers to the medieval courts, when his father and company founder Guccio Gucci actually began his. [2][3] He graduated from the Sapienza University of Rome in 1970 with a law degree, and then received a scholarship for Harvard Law School, where he received an LLM degree in 1972. Gucci's success at selling an elaborately crafted fantasy of sex and wealth is . Rather, the collections are produced as media circuses, designed to bring brand names, supermodels and Bentleyloads of celebrities before the paparazzi and the public. Maurizio made the first move after exclaiming to a friend that Patrizia looked like Elizabeth Taylor. The problem with Maurizio was discipline and execution he couldnt do it. She was released from prison in October 2016. The owners are Domenico De Sole and his wife, Eleanore. But by 1994, Maurizio planned to marry Franchi. Fords designs launched the hyper-luxe, oversexed style that revived the Gucci brand and turned it into an international powerhouse far beyond what it had ever been before. In Ridley Scott'sHouse of Gucci, Patrizia can be seen calling her future psychic and friend Pina (Salma Hayek) while the latter is working on live television. He and another Gucci executive, Allan Tuttle, visited Reggiani at her home on Milans Corso Venezia in the aftermath of the Maurizios death. She blamed Maurizio for abandoning her in 1985 and divorcing her six years later. In October 1995 Investcorp sold part of its Gucci holding in an initial public stock offering in Amsterdam and New York; a few months later Kirdar sold the balance in a secondary offering. Contrasting pattern ensemble of blue striped blouse and geometric print coral pants from Guccis Spring/Summer 1996 collection by Tom Ford. As Guccis registers began ringing again, De Sole lavished money on Guccis image-important stores. While Maurizio's death had no impact on the new 1990s Gucci he had sold his shares to his then-minority partner Investcorp in 1993 it was still shocking for some. The real-life scandal that ensued after Maurizio's assassination in 1995, which profoundly shook Italian society at the time, is the center of attention of the movie. Leaving Gucci in Style. turned to De Sole to rescue the company. The fashion heir, nevertheless, finds her attractive. Tom Ford says Guccis high-margin ready-to-wear apparel, (11% of sales in 1998s first half, up 50% from 1997), has enormous potential. In the film, Rodolfo's lawyer Domenico De Sole (Jack Huston) tells Maurizio there's a problem with Rodolfo's willRodolfo forgot to sign the share certificate giving his son 50 percent of the. However, this isn't quite the true story. Pinault Printemps-Redoute (Paris), which took control of the Gucci Group two years ago, announced that it had been . Real-life Patrizia Reggiani, though, did not work there. While the movie only implies that Patrizia forged the signatures, a longtime assistant to Rodolfo testified that she in fact committed the act. In House of Gucci, Jeremy Irons-as-Rodolfo growls in a low voice, I am told she is vulgar and ambitious, a social climber who has nothing in mind but money. Those sentiments matched the real-life Gucci heads, causing a rift between father and son. But in reality, Paolo wasnt manipulated into doing it. But Patrizia began interceding when she wasnt seeing quick enough results. Back in 1993, Gucci had worldwide sales of $198 million, and I thought I could get them up to $350 million, he recalled. Gianni Versace is at the heart of the story, as is Giorgio Armani, who opens up about his . In a Netflix comedy by Katharine McPhees stepdaughter. If you happened to catch the 2021 film House of Gucci starring Lady Gaga and Adam Driver, based on the dramatic real-life events of the Gucci family, then you also caught an interesting glimpse into the life of Domenico De Sole. Paolo Gucci (Jared Leto) MGM. Domenico De Sole, former president and chief executive officer of Gucci Group, recalls the aftermath of Maurizio Gucci's death and his impact on the company. Among other papers, "The Nature of Parenting Advantage in Luxury Fashion Retailing - the Case of Gucci Group NV" (C.M. to-wear shows. Yes. Related:Every Ridley Scott Movie Ranked From Worst To Best (Including House of Gucci). Long wanting to be a designer himself, Paolo endlessly fought to use his own name on products, attempting to leverage the Gucci branding for his own ends. But glaring gaps remain. De Sole massively reduced huge amount of distribution channel and emphasized on strengthening the network of directly operated stores. She completed her sentence in social service work, and the terms of her release even allowed her a gig at Milan-based costume jewelry firm Bozart. As president and CEO of the Gucci Group, Domenico De Sole LL.M. We made it a business. De Sole was appointed by Maurinzio Gucci as a legal adviser, president and managing director of the company of Gucci America. In an interview with Vulture, Bentivegna revealed that he invented the revelatory scene. Two years ago Jacques Mouclier, the former chief of the French Federation Franaise de la Couture, the governing body of Gallic fashion, described Arnault to this reporter this way: Arnault tends to be a bit of a mode dictator. By that Mouclier meant that, in fashion matters, the lvmh chairman will countenance creative outburst, but no opposition on the management level. On paper, a full lvmh/Gucci merger makes some sense. De Sole said Maurizio ordered him to fire the design staff, including Ford, but he refused. In 1980, Aldo dismissed him from the company. Its safe to assume Arnault has calls in to Templeton Investment Counsel, with 5.8% of Guccis stock; Capital Guardian Trust, with 5.2%; and Scudder Kemper Investments, with 4.4%. De Sole, too, knew the family well. House of Guccifocuses on the Gucci family business starting from the 70s, following the jet-set couple Maurizio Gucci (Adam Driver) and Patrizia Reggiani (Lady Gaga) from the beginning of their relationship. On this Wikipedia the language links are at the top of the page across from the article title. She also resented what she described as his indifference to her illness and subsequent brain surgery in 1992, and she said she felt betrayed by Maurizios sale of the family company shares to Investcorp, bringing one of many chapters in the long-running Gucci saga to a close. Speaking on Letos depiction of her father, Paolos daughter Patrizia Gucci was quoted as saying, Horrible, horrible. The scene is Gaga at her most menacing: Adorned in a black leather jacket, with even darker mascara and unkempt hair, she points her finger at the numbskull killers, issuing the unsettling instruction, Dont miss. Initially, Pina acted as an intermediary, finding Benedetto Ceraulo to serve as the gunman and Orazio Cicala, a local pizzeria owner saddled with debts, as the getaway driver. By 1993, the family's attorney and the CEO of Gucci America, Domenico De Sole, had sided with Investcorp, forcing out Maurizio. I think you pull it, Joshua Jackson says to Lizzy Caplan sensually. In House of Gucci, Patrizia and Maurizio goad a susceptible Paolo into betraying his father, and Paolo hands over evidence to the IRS concerning the companys shady dealings. But if you're watching people be creative, and you're smart, and you pay attention, you can learn a lot. You may occasionally receive promotional content from the Los Angeles Times. In the latest chapter of a scandal that's jolted New York's art world, a federal jury is hearing about a Chinese immigrant who forged fakes of . By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. He left the label in 2004 and since then has launched his own Tom Ford line and is currently chairman of the Council of Fashion Designers of America. On Jan. 19 Arnault bought another 6% of Gucci from Chicago-based Harris Associates Oakmark Select Fund. Roberto Gucci, one of Aldo Guccis sons not depicted in the movie, went on to run a small leather goods business in Florence after selling his shares of the family company, and once said, The Guccis were a great family. In our case, the market treated Asia as if the continent were about to sink under the waters, like Atlantis, and us with it, grumbles De Sole, who says he was already battening down Guccis Asian hatches in April 1997. The films depiction of Patrizias meeting with hired assassins is partly accurate. Although by then Maurizio was on the verge of selling all of his shares to Investcorp and exiting the company, his legacy loomed large. While Maurizio may have had the vision, he didnt have a grip on Guccis finances. Asked by paparazzi in the street why she hired a gunman to kill Maurizio rather than do it herself, she said, My eyesight is not so good, I didnt want to miss. 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