The Gucci Family Agrees on One Thing—House of Gucci Is “Extremely Painful” The family has issued an impassioned response to the Lady Gaga–led biopic, which it labels as “extremely painful from a human point of view and an insult to the legacy on which the brand is built today.”
“The production of the film did not bother to consult the heirs before describing Aldo Gucci — president of the company for 30 years — and the members of the Gucci family as thugs, ignorant and insensitive to the world around them,” the statement said.
The short answer is: yes. Although how much of it will be fictionalized remains to be seen, Maurizio Gucci and Patrizia Reggiani were both real people—and Patrizia, now in her 70s, is still alive today. But the twists and turns of their relationship are nothing short of shocking.
They also said they reserve the right to, "take any action necessary to protect the name, image and dignity of themselves and their loved ones." The Gucci family has not been involved with the Gucci fashion house since 1993, when Maurizio sold his remaining stake to the Bahrain-based company, Investcorp.
“I am rather annoyed at the fact that Lady Gaga is playing me in the new Ridley Scott film without having had the consideration and sensibility to come and meet me,” Patrizia told ANSA, an Italian wire service.
The short answer is, allegedly, no. Though the sisters were extremely close to their mother throughout childhood, over the years, their relationship has taken a turn for the worse. In a 2016 interview, Reggiani revealed that her daughters cut ties with her entirely. "We are going through a bad time now," she said.
"I was deeply sad for several days after watching House of Gucci, a reaction that I think only those of us who knew the players and the play will feel," Ford writes. "It was hard for me to see the humor and camp in something that was so bloody.
Investcorp bought the remaining 50% of Guccio Gucci S.p.A. from Maurizio Gucci in 1993, ending the family involvement in the group. In March 1995, Maurizio Gucci was shot dead in the lobby of Gucci's Milan office.
In reality, the mother of Adam Driver's perfectly cast character was named Sandra. However, in real life, the pair had two daughters. House of Gucci streamlined the story by removing Patrizia and Maurizio's daughter Allegra from the picture. Both Alessandra and Allegra live in Switzerland with their families now.
From 1991 to 1993, Gucci's finances were in the red. Maurizio Gucci was blamed for spending extravagantly on the company's headquarters in Florence and Milan. He went on to sell his remaining company stock in 1993 for $170 million to Investcorp, ending the Gucci family's association with the company.
In 1987, Paolo sold all his shares in Gucci to Investcorp for $42.5 million. Due to spending extravagant amounts of money and bad business decisions, he filed for bankruptcy in 1993.
Alessandra was raised by her mother, Patrizia Reggiani, who was arrested and convicted for her role in Maurizio Gucci's murder when Alessandra was just 20 years old.
She was released in 2010 for good behavior. Killer Benedetto Ceraulo received a life sentence, getaway driver Orazio Cicala received 29 years and handler Ivano Savioni received 26 years. Since her release, Pina has lived a relatively private life and unfortunately very little is known about her today.
The most memorable line from "House of Gucci" was improvised. Gaga came up with "father, son, and House of Gucci" while filming, she told Variety.
One of the things that the Gucci family did not like about the House of Gucci film is its inaccurate depiction of the real-life events involving the Gucci family.
Patrizia Reggiani was jailed in 1998 after being found guilty of paying a hit man the lire equivalent of $415,000 to murder her 46-year-old ex-husband Maurizio Gucci, the multi-millionaire heir to the fashion business.
She is alive and works at Bozart
She lives in Milan. However, the celebrity confirmed that she no longer wanted to work at Gucci. However, in 2016, she said that her work at Bozart was advising the design team and reading the fashion magazine to keep up with trends and test drive the creations.
In 1984, Maurizio and Paolo came to an agreement: Paolo would sell his 3.3 percent stake to Maurizio for $22 million in order to bankroll his own designer line. Maurizio duly got majority control and in 1985 the company sued Aldo, charging he had siphoned off millions of dollars.
Gucci is owned by the French holding company Kering, which purchased an $8.8 billion stake in the iconic Italian fashion brand in 2004. Artémis, the investment firm of the Pinault family led by François Pinault, is Kering's leading shareholder and holds a majority share in the company through its parent organization.
Who owns the Gucci fashion brand? In 1993, Maurizio sold the fashion label to InvestCorp. This is the sale that ended the Gucci family's complete ownership of Gucci.
He saved Gucci from bankruptcy
But after Ford became its creative director, Gucci's sales spiked with revenues of US$500 million (S$683.61 million) in 1995.
He saved Gucci from bankruptcy
But after Ford became its creative director, Gucci's sales spiked with revenues of US$500 million in 1995.
Ford's longtime men's wear designer, is getting the job. But the final collection reveal also offered a marked contrast to Mr. Ford's last grand goodbye, when he left Gucci in 2004.